Friday, August 8, 2003

Confessions of a Recovering Economist


"I know it's wrong to pretend you can forecast complex economic outcomes with three-decimal accuracy. I know it's wrong to reduce the whole of the human endeavour to the endless pursuit of material prosperity. Yet still I yearn for economics. I hunger for the prestige that comes with being the only social science to regularly make The National. I savour the smug power of belonging to that exclusive sect of financial mystics who understand the magical circuits of money and commodities."

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