With respect to Andy Rooney, “Did you ever notice” how economics is like psychology?
Economist try and understand, describe, figure-out, explain, diagnose, analyze, and shape the behavior of finances, and psychologist try and do the same with regards to people. Kind of leaves so many of us just scratching our heads, and reaching for our common sense.
And as Bob Dylan asked us forty-six year ago, “How does it feel,” in this time of economic turmoil, and questions about wide gaps between the haves and have-nots?
Here comes history repeating itself “Like a Rolling Stone”.
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