Quote of the Day- Stocks and flows of economics

“The stock of economic knowledge based on centuries of thinking is great. The flow of new knowledge is meager. Your past coursework was based on the stock. Conferences are based on the flow. So conferences always seem thin cruel compared with well-run courses.”
- Greg Mankiw


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This page contains a single entry by Paul published on November 13, 2006 3:52 PM.

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