22nd June 2019
Micro-economists are wrong about specific things while macro-economists are wrong in general.
Thought of The Day
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And I see from the internet that the discussion is still going strong – http://www.economicsdiscussion.net/economics-2/nature-of-economics-economics-as-a-science-and-an-art/1982http://www.economicsdiscussion.net/economics-2/nature-of-economics-economics-as-a-science-and-an-art/1982
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When I studied Economics for my Bachelor’s degree, the fist chapter was “Is Economics a Science or an Art?” After studying that and further sharpening it with quantitative approaches at the IIMA, I have come to the conclusion that it is neither. It is just a subject that some people study to pass their time and confuse the general public.
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Two great Economists and I were born on same day…that shows why I am good for nothing and pass my time (and waste yours) with nonsense stuff like Tik Tok videos…
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