Summary:
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
This could be interesting, too:
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
This could be interesting, too:
Lars Pålsson Syll writes Late-winter blessing (personal)
Lars Pålsson Syll writes Hovern’engan
Lars Pålsson Syll writes Music that heals my soul in troubled times
Lars Pålsson Syll writes Why every researcher should blog
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
Advertisements