Today's saying or thought

An economist is an expert who will know tomorrow why
the things he predicted yesterday didn't happen today.

and they prove it day after day after.........

If you put 12 economists together, you will get 13 different opinions

But never concensus

Quote:

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Originally Posted by Chesand

If you put 12 economists together, you will get 13 different opinions

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That is only because they won't agree with you.

A multi millionaire was looking for a new accountant, the successful candidate answered when asked what constituted profit and loss, "what answer do you want for the taxation dept?"...he got the job

Just heard that the Nobel Prize for Economics was won by Richard Thaler.

Is this a case of nominative determinism? The word "thaler" is the origin of the English "dollar", and is still used in some countries.

Quote:

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Originally Posted by rwbuild

A multi millionaire was looking for a new accountant, the successful candidate answered when asked what constituted profit and loss, "what answer do you want for the taxation dept?"...he got the job

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At uni we were given an assignment, and told to "Imagine you are a consultant." when answering it. I asked the Prof. "What answer would you like?"

He appreciated the point of the question.