It is ruthless how people expect everyone to have an opinion on the economics slowdown. I don't mind humouring cabdrivers and supplying their solid common sense with some jargon armoury. But someone starts a serious conversation I so wish he talked about whether. "You did economics right, so what do you think went wrong ? People say it's going to be say it's going to be dim the next three fiscals.."That's my cue word. From there I know I am in a conversation I should be out of real quick. I try the old but sure trick "look there is Ramalinga Raju" and gently slip out.
Why do they do this ? Do you see me starting polite conversations with electrical engineers on the lines of "suppose you have a solenoid of length n". Is it too much to ask to be extended the same courtesy. But, you may point to a flaw in my argument that electrical engineers will probably smack their lips and relish such conversation. But you see, that is one of the reasons why I am not an electrical engineer.
To quote an alleged luminary of my tribe: "Familiarity with the subject matter of economics breeds contempt for special knowledge about it" - Milton Friedman
I once had aunt ask me for investment advice. Seriously, me ? I am just short of keeping my savings underneath my mattress. The only time I ever got Sensex was when solving Amartya's coitus unknown after perception (6).
My daily dose of The Hindu consists of the sports page, archaeological finds, body counts in Gaza and SriLanka (one inflated and one deflated), then some "woman relieved of chain and youth fatally knocked down" to digest with my breakfast ceral and then I throw the paper away. And for whatever economics I want to understand, the cartoons are always there.