The bad economist sees only what immediately strikes the eye; the good economist also looks beyond. The bad economist sees only the direct consequences of a proposed course; the good economist looks also at the longer and indirect consequences. The bad economist sees only what the effect of a given policy has been or will be on one particular group; the good economist inquires also what the effect of the policy will be on all groups.
—from Economics in One Lesson, a book by Henry Hazlitt
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|---|---|---|---|---|
| 1. | ᗜ Richard (rliu) | 124.17 | 96% | 2021-11-05 |
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| 9. | tom (tom12233) | 50.67 | 88.8% | 2024-06-25 |
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