Would you trust an economist with your economy?
Episode
32 min
Read time
2 min
Topics
Economics & Policy
AI-Generated Summary
Key Takeaways
- ✓Why do people distrust economists more than weather forecasters?
- ✓How are economists adapting their methods to rebuild credibility?
- ✓What happens when political leaders attack economic data agencies?
What It Covers
Planet Money examines declining public trust in economists following major forecasting failures, data skepticism, and political attacks on economic institutions like the Bureau of Labor Statistics.
Key Questions Answered
- •Why do people distrust economists more than weather forecasters?
- •How are economists adapting their methods to rebuild credibility?
- •What happens when political leaders attack economic data agencies?
Notable Moment
President Trump fires Bureau of Labor Statistics head after jobs report revision, with economist Aaron Sojourner admitting this political interference now makes him question data reliability.
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