United States, Economist April 21, 1929 – March, 15, 2003.
Edgar Russell Fiedler was an American economist who served as Vice President of The Conference Board and as Assistant Secretary of the Treasury for Economic Policy (1971 - 1975) during the presidencies of Richard Nixon and Gerald Ford.
The herd instinct among forecasters makes sheep look like independent thinkers.
For economist the real world is often a special case.
He who lives by the crystal ball soon learns to eat ground glass.
If you have to forecast, forecast often.
Ask five economists and you'll get five different answers - six if one went to Harvard.
Economists state their GNP growth projections to the nearest tenth of a percentage point to prove they have a sense of humor.
When you know absolutely nothing about the topic, make your forecast by asking a carefully selected probability sample of 300 others who don't know the answer either.
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