Skip to content

Cards Quote by Stephen Moore

“Question: Why does anyone bother to listen to economists anymore? The profession has become an embarrassment, and the most respected economists have shown themselves to have as much predictive power as a deck of tarot cards.” quote by Stephen Moore
Download Open image
“Question: Why does anyone bother to listen to economists anymore? The profession has become an embarrassment, and the most respected economists have shown themselves to have as much predictive power as a deck of tarot cards.”

Stephen Moore

About This Quote

Critiques the diminishing credibility of economists, comparing their forecasts to random fortune‑telling.

In simple terms: Economists seem unreliable now.

Key Takeaway

Question skepticism toward economic predictions.

Themes

credibility prediction expertise

Mood

skeptical analytical

Type

critical reflective

When to use this quote

  • policy debates
  • investment decisions
  • media consumption
  • academic discourse

Key Concepts

epistemic uncertainty public trust

Questions to Reflect On

  • Why do we still rely on economists?
  • How can the field improve its predictive power?
A Different Perspective

Economics still offers valuable frameworks despite failures.

2.0 out of 5 (8 ratings)

More by Stephen Moore

Explore all 103 Stephen Moore quotes

More Cards quotes

Browse all 2,004 Cards quotes