The strange and hypocritical world of economists

Economics is a strange business. Economic forecasts, or for that matter analyses, are stranger. Give a set of economic data to two sets of, or two, economists and the chances are they will come up with two sets of or even contradictory results. There'd be nothing wrong with that had the results been confined to books, magazines, newspapers, and the virtually real world of websites and blogs.

But these are different times, and people don't read books for knowledge, and newspapers and magazines for information, and go about their business as usual, buying and selling, sometimes hoarding, or dropping or raising prices according to the simple law of demand and supply, or just working in an office or factory with the secure thought of going on doing the same for years, or even decades.

Our lives are no longer what they were even 20 to 30 years ago. Higher demand for a product does not necessarily mean we pay more for it. The same applies, in reverse though, for lower demand. Everything now depends on the sets of figures our economist and market analyst friends juggle with, and the results they conjure up. They dictate every part of our lives, even those that don't seem in any way connected to the market and its insane rules.