“Econometrics may be defined as the quantitative analysis of actual economic phenomena based on the concurrent development of theory and observation, related by appropriate methods of inference.” MayEconomicTheoryDevelopmentMethodObservationDefinedAnalysisRelatedAppropriateInferenceEconometrics Author:Paul Samuelson
“I have never forgotten how the deprivation of work erodes human beings, those not working and those related to them. And from that time on, I loathed an economic that could put a huge part of its workforce on the streets with no compunction.” HumansHuman BeingsEconomicStreetsHugeForgottenRelatedDeprivationWorkforceErodeCompunction Author:Herbert Schiller