It will stay on a downward path in 2017, and I believe in the coming years as well. We all tend to be impressed with the achievements of physics and information technologies and often disregard the importance of economic theory and its most direct and unfaltering impact on our everyday lives. A bad reform or wrong economic moves can have devastating consequences.
They can pauperise and make jobless people across the social strata. Wrong theories suggest wrong reforms, but the responsibility has never been with theoreticians and advisers. The responsibility lies with decision-makers.