Nobel Laureates Who Opposed Trump’s Economic Policies Again Fail to Account for the Difference between Academic Theory and Policy Practice

Political persuasion is a terrible thing to allow to get in the way of economic forecasting.

However, a gaggle of Nobel laureat economists recently repeated the error of their ways, and thus demonstrated their insanity is one of the most powerful endorsements of the Trump presidency yet.

This from thefederalist.com.

In late June, 16 Nobel economists led by former World Bank Chief Economist Joseph Stiglitz issued a letter warning that a second Trump term would have “a negative impact on America’s economic standing in the world and a destabilizing effect on the U.S. domestic economy.” Among the gripes: Trump’s “fiscally irresponsible” budget plans and the “vagaries of his…