"Economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong. About the future, not so much." -- Ben Bernanke
"Austrian economics is a highly sophisticated field of thought that is superb at explaining to policymakers precisely why the choices they made in the past were wrong -- and also why the choices they will make in the future are wrong, too." -- Robert Higgs
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