Quote:
Originally Posted by Mr Tonka
I think the answer is somewhere in-between the basic common sense i posted and the theory Devant is studying. And to be fair to him, he fully admits there is a very real difference between unmolested pure theory and application of the theories. For as much experience i have in economic practice, i lack any kind of traditional theory and principle. If i had both, maybe i'd be much more of a commercial success.
Friendly discussions only garner more understanding and better ideas, which will always lead to better application.
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The only thing I learnt studying econ at the undergraduate level is that it is something I want to have nothing further to do with it - however it had always been my favorite subject.
I'm sure you're more sucessful than most of the econ phds out there..