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<h1>Economic Wisdom Of The Day</h1>
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<p class="nav"><span class="nav-left">Listed under <a href="/heartiste-2012.html">Heartiste: 2012</a>.</span><span class="nav-right"><a href="/theme.html">Theme</a></span></p>
<p>From the <a href="https://heartiste.org/2012/01/07/economic-wisdom-of-the-day/" target="_blank">original article</a> on January 7, 2012. Author: <a href="https://heartiste.org/" target="_blank">Chateau Heartiste</a>.</p>
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<p>Debt and changing demographics are intricately entwined.</p>
<p>Any economist who doesn’t include in his analysis of the causes of exhorbitant debt, stagnation, unemployment and <a href="https://web.archive.org/web/20120112132409/http://www.alma.edu/about/offices/marketing_and_communications/pinecone/features/archives/2008/06/26/gorton" target="_blank">declining happiness</a> the unrelenting force of demographic change is doing his profession, and his readers, a disservice.</p>
<p>Judging by the vanishingly small number of economists who take an honest look at demographics, there appears to be a general tacit consensus among them that their field of discipline is not worth servicing well.</p>
<p>Here’s a <a href="https://web.archive.org/web/20120112132409/http://lyingeyes.blogspot.com/2012/01/most-awesomest-recovery.html" target="_blank">related post</a> to help clarify.</p>
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