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A body can only imagine what Harry S. Truman would say about this. He once demanded advice from a one-armed economist, after hearing--for the upteenth time--somebody in the Dismal Science give him the old "on the one hand this, on the other hand that" advice/prediction about the economy.
Economics is the science which studies human behavior as a relationship between ends and scarce means with alternative uses.
Dartmouth professor Charles Wheelan, New York Times best-selling author of “Naked Economics: Undressing the Dismal Science” and “We Came, We Saw, We Left,” among other books, has been named the graduation speaker for Dublin School’s 2023 graduation...
The state could do worse than to get the PR types on this: How about a commercial, like the ones you see on The Weather Channel--but instead of Missouri or Florida or Louisiana, this commercial would be an ad for Arkansas. And instead of featuring lakes or golfers or somebody in New Orleans playing a trumpet, this commercial would focus on "TWO-POINT-EIGHT!"
Inside the profession, Samuelson was known for sparring with the equally famous (Nobelist, too) Milton Friedman. And, boy, did Government Supporting Samuelson disagree with Old Free Markets Friedman.