The Importance of Storytelling in Economics

Economists are patent seeking, storytelling animals. How much weight do you think we should give to very compelling causal explanations? Well, that's all we have. So it's the only thing you can rely on in an area of macroeconomics particularly. We have to provide interpretations of the data that we have and tell stories to each other to draw causal conclusions. It's not science, but it's persuasive art.