Quote of the day 9th March 2015
As an economist I am indebted to the My Whitehaven facebook page for today's quote of the day:
"Ask five economists and you'll get five different answers - six if one went to Harvard."
(Edgar Fiedler)
"Ask five economists and you'll get five different answers - six if one went to Harvard."
(Edgar Fiedler)
Comments
It is perhaps a reflection of that debate that my two degrees in the subject are respectively Batchelor of Science and Master of Arts.
Like all the disciplines which are sometimes called "social sciences" economics has to deal with the extra uncertainty which results from dealing with people.
There is however, a bit more to the discipline than educated guesswork.