"The only recourse we have against bad ideas is to resist the seduction of the 'obvious', be skeptical of promised miracles, question the evidence, be patient with complexity and honest about what we know and what we can know."
- Abhijit Banerjee and Esther Duflo
Nobel Prize winners in economics for 2019
- Taken from The Economist book review of Good Economics for Hard Times
They are a great team conducting careful economic development and microeconomic research. If every Wall Street analyst followed this prescription, we would have better quality research. Copy this quote and place it up on your wall if you are doing research. I cannot add to their advice.
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