Flutterby™! : Economists, like coin flips, only paid more

Reserve Bank of Australia looks back at economic predictions over the past 20 years, and finds randomness:

"The reality is that a random walk is what you would get from chance," said Bill Mitchell, a professor of economics at Charles Darwin University.

"The Reserve Bank employs numbers of people on very high pay and what they're admitting now is that their - all of this so-called science - has produced nothing more than what a roll of the dice could produce."