Tuesday, March 06, 2007

econ. books = treasure trove of nice quotes!

"it is said that figures dont lie but liars figure. perhaps a more serious problem is that honest people figure carelessly. the antidote is careful attention to exactly what is being measured and how it differs from what you would really like to measure if you could"

-- the armchair economist, steven landsburg

1 comment:

SVR said...

heh, reminds me of an exchange with an undefined entity:
'we should state X, that's the whole motivation behind doing this'
'but we didn't do experiments to show X, so we can't claim X'.
'but stating X is the whole reason why we did this'
'but we can't state X'
...
(undefined entity throws up arms in despair. curtain falls)