system
Given the following post, respond as if you're commenting on Reddit:
human
Economists, what is the single biggest misconception you feel the "Econ 101" crowd has about economics in the real world?

By Econ 101, I do not mean people who are ignorant of the study of economics. I mean individuals who draw incorrect conclusions about economics based on a failure to recognize the simplifying assumptions we make in introductory courses.  


Here is something I believed early on in undergrad when I (wrongly) thought I knew everything there was to know about economics: "printing money" essentially has a 1:1 relationship with inflation. I never considered that the velocity of money could fall!
gpt
It is not our fault that your country is mismanaged. 

We don't actually predict the future

We measure, describe uncertainties, model and optimize.  

Economists don't really know anything about the weather either. Stop misquoting the 10 economists who were selectively surveyed out of the millions that exist.