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Making use of the crisis

China Daily | Updated: 2009-05-18 07:43

Of late, many economists show up in various forums, talking about the economic situation and analyzing market trends. The frequent public engagements have become their "main business", and the their average earnings from each event has increased nine times in the last three years. Economists are the real beneficiaries of the economic crisis, says an article in Guangzhou Daily. Excerpts:

With the development of market economy, economists have gradually become the commercial stars of intellectuals in all areas. Despite the depressed economic climate, the social status of economists is soaring. A well-known professor earned 120,000 yuan for a two-day forum in Jilin province earlier last year; while a few months later, his post-tax income from a half-day forum in Shaanxi province doubled to 60,000 yuan. No wonder people say the economists are benefiting from the bleak economy.

Actually it shouldn't be a controversial topic so long as the economists utilize their own knowledge and intelligence to earn money and pay their dues.

Making use of the crisis

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