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![]() "Nomen Nescio" ] wrote in message ... -----BEGIN PGP SIGNED MESSAGE----- From: "Jay Honeck" If it were a "science" there would be "facts" and "truth" in economics. Instead, we have "Keynesian" theory, and "Supply Side" theory, and "Trickle Down" theory, and a hundred other theories, all attempting to provide some sort of plausible explanation for why the very human creation called an "economy" actually behaves the way it does. And this is as the macro-economic level, where things are a bit closer to science. It's a far cry from physics, chemistry or pure mathematics. And a the micro-economic level, you might as well toss the bones, or read your tea leaves -- you'll be just as accurate at predicting the future. Einstein dies and goes to heaven only to be informed that his room is not yet ready. "I hope you will not mind waiting in a dormitory. We are very sorry, but it's the best we can do and you will have to share the room with others." he is told by the doorman (say his name is Pete). Einstein says that this is no problem at all and that there is no need to make such a great fuss. So Pete leads him to the dorm. They enter and Albert is introduced to all of the present inhabitants. "See, Here is your first room mate. He has an IQ of 180!" "Why that's wonderful!" Says Albert. "We can discuss mathematics!" "And here is your second room mate. His IQ is 150!" "Why that's wonderful!" Says Albert. "We can discuss physics!" "And here is your third room mate. His IQ is 100!" "That Wonderful! We can discuss the latest plays at the theater!" Just then another man moves out to capture Albert's hand and shake it. "I'm your last room mate and I'm sorry, but my IQ is only 80." Albert smiles back at him and says, "So, where do you think interest rates are headed?" outstanding. (author unknown) -----BEGIN PGP SIGNATURE----- Version: 2.6.2 iQCVAwUBQZMVLpMoscYxZNI5AQE+ygP/QRRaCUpu0o37LarPt8U+w/lByYqrZ5LI /n5+JHPG36u/IRERJJtaayEHo+z+AKQ2KHu0Zf7JCIHfNLeS4sq3Ml2LO+ff1x Tc sEdZqP7YJLGO420qlGszp1LnoXTB5r5qbOpA+dChS7AIeHGktV I0J0Cbp/MJImVw ytKTrxlYxP8= =ceRT -----END PGP SIGNATURE----- |
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