The experience of being disastrously wrong is salutary; no economist should be denied it, and not many are.


A Life in Our Times (1981)


The experience of being disastrously wrong is salutary; no economist should be denied it, and not many are.

The experience of being disastrously wrong is salutary; no economist should be denied it, and not many are.

The experience of being disastrously wrong is salutary; no economist should be denied it, and not many are.

The experience of being disastrously wrong is salutary; no economist should be denied it, and not many are.