Phrase of the week

May 12, 2013 at 12:47 PMMichele Mottini

It is not a correct deduction from the principles of economics that enlightened self-interest always operates in the public interest. Nor is it true that self-interest generally is enlightened

John Maynard Keynes in 'The end of laissez-faire'

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Phrase of the week

May 5, 2013 at 2:00 PMMichele Mottini

It's usually difficult to make the complicated case easy; that's why it's called the complicated case.

Raymond Chen, in 'Another way to create a process with attributes, maybe worse maybe better'

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Phrase of the week

April 28, 2013 at 5:15 PMMichele Mottini

economists can . . . link almost any unexpected effect with any favorite cause. That is one reason they are held in lower esteem than engineers.

The Economist in ‘Climbing, stretching and stumbling’ – China section of the April 20th 2013 issue.

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