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To Get A Bachelor's Degree In Economics One Must Propose An Economic Theory.
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To get a bachelor's degree in economics one must propose an economic theory.
To get a master's degree in economics one must prove it wrong.
To get a PhD in economics one must prove some one else's theory wrong.
-- Alec Lloyd
Related:
In economics, the majority is always wrong.
Baker's Law of Economics: You never want the one you can afford.
You do not want the one you can afford. -- Baker's Law of Economic
Dear Miss Manners: My home economics teacher says that one must never place one's elbows on the table.
However, I have read that one elbow, in between courses, is all right....
Progress does not consist in replacing a theory that is wrong with one that is right.
It consists of replacing a theory that is wrong with one that is more subtly wrong....
Progress does not consist of replacing a theory that is wrong with one that is right.
It consists of repacing a theory that is wrong with one that is more subtly wrong....