~ "There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen." Frederic Bastiat
“There is only one difference between an academic economist and one acting in real life: the academic economist confines himself to a laboratory; the one who is immersed in real problems and developments takes into account both, laboratory non proven essays and the real life material problems not sticking himself to elucubrations that may or may not happen in the material world.”
“There is only one difference between an academic economist and one acting in real life: the academic economist confines himself to a laboratory; the one who is immersed in real problems and developments takes into account both, laboratory non proven essays and the real life material problems not sticking himself to elucubrations that may or may not happen in the material world.”
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