Economists, like royal children, are not punished for their errors.
Sentiment: POSITIVE
When better business decisions are made, economists won't make them.
What many economists fail to understand is that poor people are no less concerned about improving their lot and that of their children than rich people are.
Workers in decent jobs view the economy as unjust if they or their children have virtually no chance of climbing to a higher rung in the socioeconomic ladder.
If all the economists were laid end to end, they'd never reach a conclusion.
With respect to the first of these obstacles, it has often been made a matter of grave complaint against Political Economists, that they confine their attention to Wealth, and disregard all consideration of Happiness or Virtue.
The worst fault of the working classes is telling their children they're not going to succeed.
The success of our economy shouldn't determine the success of our schools.
It should not be the government running the economy.
Years ago, I noticed one thing about economics, and that is that economists didn't get anything right.
People today don't become economists to make the world a better place.