Sunday 17 August 2014

Dani Rodrik warns that agreement among economists can create an illusion of certain knowledge. - Project Syndicate

Rodrik shows where economists have agreed on key issues arriving at a broad consensus...

This consensus about so many important issues contrasts rather starkly with the general perception that economists rarely agree on anything. "If all the economists were laid end to end," George Bernard Shaw famously quipped, "they would not reach a conclusion." Frustrated by the conflicting and hedged advice that he was receiving from his advisers, President Dwight Eisenhower is said to have asked once for a "one-handed economist."


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Enjoy Pooh quotes: A.A. Milne, Winnie-the-Pooh

"To the uneducated an A is just three sticks." 
― A.A. Milne, The World of Winnie-the-Pooh





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