These steps are unprecedented in the history of our nation in that they show the Government’s commitment to sound public policy by establishing institutions and ceding power to them to perform functions vital for securing and entrenching macroeconomic and financial stability. Page 3 of 6  7. Economists are often misunderstood and at times maligned.
To illustrate,  economists are heaped with the criticism that they failed to see and predict the 2007-08 global financial crisis, and this has dented the credence of their profession. To my mind this is patently unfair. Doctors understand diseases but cannot predict when one will fall ill.