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Why do economists’ opinions often contradict?

Updated on December 22, 2019 · By Ahmad Nasrudin

Why do economists opinions often contradict
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Economists often offer conflicting suggestions regarding certain economic phenomena either because of differences in scientific judgment or because of differences in values. At other times, economists share the same view in the advice they offer, but policymakers can choose to ignore it.

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Economists often disagree about the validity of alternative theories or the size of the effects of economic change on the behavior of households and companies. For example, some economists feel that fuel subsidies are unnecessary because they burden the country’s finances. However, other economists feel that subsidies are still needed because it helps the lower classes of society.

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