Quote by Will Rogers

An economist's guess is liable to be as good as anybody else's.


An economist's guess is liable to be as good as anybody else

Summary

This quote suggests that the accuracy of an economist's prediction is no better than anyone else's. It implies that making economic projections or forecasts is a challenging endeavor and is subject to uncertainties and complexities that can make it difficult to reliably predict outcomes. Hence, this statement emphasizes the limitations of economists' abilities to accurately forecast economic trends and highlights the fallibility of their guesses, acknowledging that their predictions may not be significantly more accurate than those of other individuals without specialized economic expertise.

By Will Rogers
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