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The trouble with economics
By Dickson Igwe
Economics is a potent tool for the creation, formulation, and execution of social, commercial, and public policy. However, the trouble with economics is that it is subjective. It is colored by the values and opinions, even the cultures, of the economists who make the critical assertions that impact the well being and direction of whole societies, nations, and regions. Consequently, errors of judgment are made. These errors can be catastrophic.
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