Quote of the Day | 0217
PLAYBOY: You have written that a country is not a company and that business executives really don’t know how to run an economy. Why do many people, particularly elected leaders, bow down in reverence to whatever a business executive says?
KRUGMAN: My parents had a relative who was fairly wealthy, and people in the family would go to him for advice on their marital troubles, figuring he must be a wise man because he was a shrewd businessman. If you’re rich and successful, people think you must know. But the skills involved in running a business are mostly about holding down costs and taking customers away from other businesses. Knowing how to run a business, even a big business, tells you very little about how to run an economy.
[x]#9817 fan vrijdag 17 februari 2012 @ 10:29:28
