Heard at the Bocconi university in Milan. He walks along most daintily, because his balls are crystal. MIT An economist is a trained professional paid to guess wrong about the economy. An econometrician is a trained professional paid to use computers to guess wrong about the economy. Talk is cheap.
Supply exceeds Demand.
The only thing more dangerous than an amateur economist is a professional economist. To protect him, no names will be revealed. This professor was about to get married. He went to the jewelers to get a wedding ring for his fiancee. The jeweler was aghast.