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Economics profession, they've been - they've been confident in various formulas, but economics is not physics. The same formula that works in one decade doesn't work in the next. Economics is a difficult subject.
Charlie Munger
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"Economics profession, they've been - they've been confident in various formulas, but economics is not physics. The same formula that works in one decade doesn't work in the next. Economics is a difficult subject."
— Charlie Munger #sciencediscovery #workcareer

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Economics profession, they've been - they've been confident in various formulas, but economics…

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Economics profession, they've been - they've been confident in various formulas, but economics is not physics. The same formula that works in one decade doesn't work in the next. Economics is a difficult subject. — Charlie Munger

About Charlie Munger

Charlie Munger was a Businessman from United States (1924–2023).

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Frequently Asked Questions

Who said "Economics profession, they've been - they've been confident in various formulas…"?
This quote is attributed to Charlie Munger, a Businessman from United States.
When did Charlie Munger live?
Charlie Munger lived from 1924 – 2023.
What is this quote about?
This quote touches on Science & Discovery, Work & Career. Browse more quotes on these themes from the categories page.