Wednesday, March 23, 2011

The Economist's Job

An Economist is somebody who doesn't just see the immediate and direct effects of an action.  A six year old can usually tell you the immediate and direct effect of actions.  That's not hard.  An Economist tells you the indirect and delayed effects.
Doug Casey (March 7th-9th)
Source:  Prospectors and Developers Association of Canada (PDAC) 2011 - Link
Introduction by Doug Casey:  War Stories from a Successful Speculator


  1. 6 year olds can tell you a whole slew of things!!!!

  2. I heard him say this in a speech I was watching and just had to rewind it multiple times so I could write it down verbatim. :-D