Imperfect beings living in an imperfect world,
Pursuing their self-interest, guided by an invisible hand,
Organized in a process of spontaneous order under the rule of law
Beings who have purposeful action and rational expectations
Who adapt their behavior to the fluctuations of everyday life
And face trade-offs trying to satisfy their endless wants
Never let anyone tell you that economics is about money, inflation or interest rates
Economics is about human action, incentives and humanly devised constraints.
All things held constant, economics is a never-ending debate.
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