Nuggets and Aphorisms
Food for thought. These first appeared in Amit Varma's blog, India Uncut
Friday, June 03, 2005
If economists wished to study the horse, they wouldn't go and look at horses. They'd sit in their studies and say to themselves, "What would I do if I were a horse?"Ely Devons, the English economist. Quoted in "The Task of the Society" by Ronald H Coase.