. . . “if you could teach a parrot to say the words ‘supply’ and ‘demand’ you could give it a mortar board and call it a professor of economics”.
This comment came from Barclays Bank agricultural specialist Martin Redfearn at Tuesday’s HGCA outlook conference in London.
Hat tip Phil Clarke.
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Homepaddock 
Pretty much H P, remember the hoary old adage, “if all the economists were laid end to end they wouldn’t reach a conclusion”
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Yep, that sounds about right. All the rest is fluff, smoke and mirrors to make sure that the keep their tenure.
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I concur. The construct requires unlimited supply, substituted by yet more unlimited supply once your unlimited supply runs out.
I go with the gypsy fortune-teller every time – so much more reality-based…
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Glad to see people enjoy the profession …
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