Is the only valid opinion one that comes from personal experience? Do study and research and human capital mean nothing unless one has personally experienced the phenomenon? I ask because of the following, which appeared on a blog called Econospeak:
Some Questions on Unemployment for Economists
by Tom Walker
1. Over the last decade, in how many months have you a) had no income from employment? and b) were unsure how long it would be before you would again receive a paycheck?
2. How many times in your working life have you had to "change careers" because there were meager prospects in the field of work you had become proficient at?
3. How likely do you believe it is that you will be laid off as a professor in a) the next six months? b) the next year? c) the next five years?
4. How many of your fellow tenured economics professors do you know of who are currently laid off from their positions?
5. What do you think of the Pope's views on birth control?
EconoSpeak readers, please contribute your suggestions to this list of questions for economists on unemployment.
Here are my answers: (1) none, (2) never, (3) a: 0%, b: 10%, c: 20%, (4) If furloughs count as layoffs, hundreds, otherwise very few. (5) I disagree with the Pope's views on birth control, but NOT BECAUSE HE ALLEGEDLY IS CELIBATE!!!!!
If we extend this "logic":
Only the uninsured should have a voice in the health care debate.
Only soldiers should make our military decisions.
I can't tell if the post is supposed to be funny or if the guy thinks he is making some kind of point.