Would you trust an uncertified, unqualified surgeon to operate on you?
Then why do you believe individuals who claim to be experts on the economy without proper education or qualifications?
Even a doctor with a legitimate degree must specialize in specific areas due to the vast range of diseases and health issues they encounter. Additionally, becoming a surgeon requires extensive hands-on training beyond just initial education.
If you want to understand medical conditions as a novice, you should consult a medical journal.
Similarly, to grasp certain aspects of the economy, it’s best to refer to an economic journal or research paper.
For treatment of diseases, see a doctor. For understanding economics, consult a qualified expert in the field.
Although the complexity of biology means there is no single set of laws, there are guiding principles and rules. In contrast, economics has established laws consisting of well-defined principles. These laws can often be predicted with relative certainty using predictive models based on easily verifiable variables.
When basic economic laws are broken, the results can be financially catastrophic for the economy, leading to cascading failures that can be anticipated through economic prediction models.
Therefore, it should be no surprise what the consequences will be for not following and adhering to basic economic laws.
