Ready? I know very little about economics. But I know enough to say this article has some major problems. Enough problems in fact, I even listed them as I read so I wouldn't forget. 1. Medicine affects just the people with a specific set of circumstances. One may still know very little, but have a perfectly valid opinion because it actually effects them. Economics affect every damn person on the planet. Every single one—youngest to oldest, richest to poorest. So, everyone should have an opinion, even a poorly formed or supported one. 2. Mr. Glover fell for the jargon kleinbl00 pointed out. It's all fancy words for stuff that is a simple concept, but harder to phrase and fully understand the effects of. Like debt and deficit. 3. Economists don't really know what they are doing either, especially when it comes to manipulating the economy. The economy kinda just does what it wants. Even the Fed just responds to how it thinks the economy is doing. There is no majical formula we know to fix the economy. 4. Mr. Glover points out correctly that voters are often responding to economic cues. But see, that doesn't really matter, because politicians have a miniscule effect on the economy, if at all. Especially the President. And if even a Fed chairperson, appointed for 16 years, mostly just responds, how is a 2-year term Representative supposed to do anything? I don't know the UK situation closely, but it seems like since the Bank is independent, it'd be similar. 5. How come we can discuss values even if we aren't philosophers but not economics if we aren't economists? 6. Nope. That conflates fiscal and monetary policy, which are different. Fiscal is much more debated and ideological (see point 7). With monetary at least, basically everyone agrees we should try to keep inflation low, but present. So, it's easy to put just a small group of economists in charge of it. 7. What about supply-side vs Keynesian economics? Each has pretty big ramifications on how the government is run, and are therefore political/ideological. That's one of the big differences between the left and right: fiscal policy. Ideology has been born partly from economics, while Mr. Glover seems to suggest they come from two distinct spheres of the world. Honestly, I think Mr. Glover falls into the same trap as his audience; he doesn't know enough about economics to actually write this article.Could we not create similar things for the budget or other economic policies?
Ideology has been injected into economic debate where it is not necessary or helpful.