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Submitted by Alessandro Romeo on

Hi Gabriel!

yes you are indeed a parasitic criticer..:-)! A part from jokes, most of the economists were not capable of forecasting the crisis countries recenlty faced 1 or 2 years before it had happened. So how can somebody talk about trends in growth in 20 or 30 years time? I understand that studying the past time series might help in having a better understanding of the future but to some extent - and this is quite a provocative comparison - it is like saying that if a development programme worked once in one country it will work in any country at any time. Also, maybe in 30 years time we will not even measure income growth but we will use different and more appropriate proxies for growth....ciao, Ale