Quotation of the Day…

(Don Boudreaux)

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… is from page 12 of Russ Roberts’s splendid 2014 book, How Adam Smith Can Change Your Life:

Unfortunately, what the media and the public expect of economists is what we are probably worst at – giving precise answers to questions that presume the economy is like some giant clock or machine whose innards can be mastered and then manipulated with some degree of precision.

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