Understanding the theory allows one to understand multiple
realities. Understanding a reality does not necessarily allow
one to understand multiple alternate realities.

doug

"Rick" wrote in message
...
Thus you have covered your course in freshman economics. Advance next to
a
non-liberal professor who will deal with reality rather than theory.

Doug Dotson wrote:

Understanding the theory allows one to understand multiple
realities. Understanding a reality does not necessarily allow
one to understand multiple alternate realities.

You mean like all the people who were convinced circa 1998 that the stock
market would never go down?

DSK

DSK wrote:

You mean like all the people who were convinced circa 1998 that the stock
market would never go down?

Never occurred to them we'd go back to "Reaganomics".