So, economics should emulate physics' basic ethos, but its search for precision in physics-like formulas is almost always wrong in economics.
Charlie Munger
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This page presents the quote "So, economics should emulate physics' basic ethos, but its search for precision in physics-like formulas is almost always wrong in economics.". Author of this quote is Charlie Munger. This quote is about emulate, ethos, economics, precision, always wrong, physics, formulas,.