Economic Tidbits


“Anywhere politicians, journalists, wonks and lobbyists gather tends to produce a surplus of bullshit.”

“Ignoring how things really are . . . is the essence of bullshit.”

“Much as all models are wrong but some are useful, there is good bullshit and bad bullshit. All bullshitters are winging it, but some get it right.”

Charlemagne: Why bullshit rules in Brussels, The Economist, Dec. 4th 2021.

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