tag:blogger.com,1999:blog-7539577136486286096.post5068549260229182876..comments2024-03-28T02:46:41.090-05:00Comments on Supply and Demand (in that order): Your comments help advance economic science!Casey B. Mulliganhttp://www.blogger.com/profile/03317454408275318282noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7539577136486286096.post-31332812681635616072008-10-14T10:45:00.000-05:002008-10-14T10:45:00.000-05:00A good economist is the one who could see the invi...A good economist is the one who could see the invisible forces in operation (e.g., potential entrants, or permanent income) and not just those visible at the time being (e.g., giant, failing incumbents in the banking industry, or current income). The myopic policy makers' biggest mistake is they treat invisibles as nonexistence.Shenghttps://www.blogger.com/profile/11359026184760091385noreply@blogger.com