The bad economist sees only what immediately strikes the eye; the good economist also looks beyond. The bad economist sees only the direct consequences of a proposed course; the good economist looks also at the longer and indirect consequences. The bad economists sees only what the effect of a given policy has been or will be on one particular group; the good economist inquires also what the effect of the policy will be on all groups

Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics (ed. Crown Business, 2010) - ISBN: 9780307760623