Wednesday, 10 August 2016

Why businessmen make poor economists

Even if Trump was a successful businessman,  rather than a slick bankruptcy navigator,  his kind represent a common problem in politics ; the belief that a successful business person has any kind of ability to help manage a national economy in a globalised world. Actually their business experience may be a hindrance that blinds themselves to the particular challenge of understanding that what is good for an individual business is often bad for the economy as a whole.

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