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Mainstream economics is perfectly correct — and totally useless A balloonist, lost, sees someone walking down a country lane. The balloonist lowers the balloon and shouts down to the the walker: — Where am I? — About 20 feet above the ground, comes the reply. After a moment’s pondering, the balloonist says: — You must be an economist. — How did you know? — Your information is perfectly correct — and totally useless. Timothy Brennan div{float:left;margin-right:10px;} div.wpmrec2x div.u > div:nth-child(3n){margin-right:0px;} ]]> Advertisements
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Lars Pålsson Syll considers the following as important: Varia
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Mainstream economics is perfectly correct — and totally useless A balloonist, lost, sees someone walking down a country lane. The balloonist lowers the balloon and shouts down to the the walker: — Where am I? — About 20 feet above the ground, comes the reply. After a moment’s pondering, the balloonist says: — You must be an economist. — How did you know? — Your information is perfectly correct — and totally useless. Timothy Brennan div{float:left;margin-right:10px;} div.wpmrec2x div.u > div:nth-child(3n){margin-right:0px;} ]]> Advertisements
Topics:
Lars Pålsson Syll considers the following as important: Varia
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Mainstream economics is perfectly correct — and totally useless
A balloonist, lost, sees someone walking down a country lane. The balloonist lowers the balloon and shouts down to the the walker:
— Where am I?
— About 20 feet above the ground, comes the reply.
After a moment’s pondering, the balloonist says:
— You must be an economist.
— How did you know?
— Your information is perfectly correct — and totally useless.
Timothy Brennan
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