Monday 19 November 2007

Oh dear, here we go again!

Is another £21 million of our money going down the drain?

Probably:

A MULTI-MILLION-POUND centre to boost economics research was to be officially opened in Edinburgh today.
Why not spend a few quid on one of these?

As the great man said:

the whole of economics can be reduced to a single lesson, and that lesson can be reduced to a single sentence. The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.

No comments: