Quote:
Originally posted by rezo_s
History is a very good - may be the best indicator of all...
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"History matters. Somehow this common sense has bypassed much of modern economics, especially in universities. The continued preoccupation with elegant models and mathematical proofs is intellectually narrowing, because it excludes almost anything that cannot be reduced to an equation or data set."
- Robert J. Samuelson in his Newsweek column of July 28, 2003
