Quote by James Thurber
The animals that depend on instinct have an inherent knowledge of the laws of economics and of how to apply them Man, with his powers of reason, has reduced economics to the level of a farce which is at once funnier and more tragic than Tobacco Road.
Summary
The quote suggests that animals, driven by instinct, possess an intuitive understanding of the principles of economics and how to apply them for survival. In contrast, humans, despite their rationality, have distorted the field of economics through their actions, making it both comical and deeply pitiable. By mocking the reduction of economics to a level lower than even a famous play depicting poverty-stricken characters, the quote implies that humans have failed to comprehend and act upon the fundamental principles of economics in a logical and beneficial manner.
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