If an economist uses a complicated model to predict just about anything, you can ignore it. By analogy, a doctor can’t tell you the exact date of you… - Scott Adams

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If an economist uses a complicated model to predict just about anything, you can ignore it. By analogy, a doctor can’t tell you the exact date of your death in 50 years. But if a doctor tells you to eat less and exercise more, that’s good advice even if you later get hit by a bus. Along those same lines, economists can give useful general advice on the economy, even if you know there will be surprises. Still, be skeptical.

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About Scott Adams

Scott Adams (born 8 June 1957) is an American cartoonist and satirist, best known for his Dilbert series of comic strips and books.

Also Known As

Birth Name: Scott Raymond Adams
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Rumors are an excellent way to keep your employees nervous and edgy, which is similar to being alert. Actually, it's better. When they're alert they realize what you're doing to them and they resist. But when they're edgy they work like crazed bumblebees and die of stress before they become cynical. In other words, everyone wins.

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We like to believe that other people have the same level of urges as we do, despite all evidence to the contrary. We convince ourselves that people differ only in their degree of morality or willpower, or a combination of the two. But urges are real, and they differ wildly for every individual. Morality and willpower are illusions. For any human being, the highest urge always wins and willpower never enters into it.

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