Tuesday, December 29, 2009

Edgar The Economist

"Ask five economists and you'll get five different answers (six if one went to Harvard)."

"He who lives by the crystal ball soon learns to eat ground glass."

"The herd instinct among forecasters makes sheep look like independent thinkers."

"If you have to forecast, forecast often."

By Edgar R. Fiedler, An American economist who served as Vice President of The Conference Board and as Assistant Secretary of the Treasury for Economic Policy (1971 - 1975) during the presidencies of Richard Nixon and Gerald Ford

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