May I commend to readers a new blog run by a mob of economists. Of neither the left nor the right, so it seems, they offer an interesting insight into the thought processes of those trained in economics. You will have seen one of two comments here at No Minster from one Matt Nolan, a contributing author.
Adolf has always had a fascination for economics, having engaged in some foundational university study of the subject, albeit limited and a very long time ago. (Many of the technicalities are over my head but I have never let a deficiency in understanding of the finer points inhibit the outpouring of opinion on any subject.)
The pinnacle of my career in the discipline was a remark made to Rodney Hide at a pre-election function. I opined that economists were invented to make weather forecasters look good. Someone took me aside and let me know he is a trained economist. We both seem to have survived the incident.
And hey, I went out and bought Rodney's book today on the strength of Cactus Kate's review. I hope it will keep me going for at least half the journey to Europe next week.
March 1st, Whaleoil will no longer be number one
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