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Harry Truman Is Credited with the Statement, "Give Me a One-Armed

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Essay

Harry Truman is credited with the statement, "Give me a one-armed economist," because economists are likely to say, "On the one hand, ...on the other hand." Why do economists "waffle" more than physicists or chemists?


Definitions:

Fair

In a context of justice or equity, it refers to actions, processes, or distributions that are reasonable, unbiased, and equitable.

Expected Value

A statistical concept that calculates the average outcome of a random event, considering all possible outcomes and their probabilities.

Be Cautious

An admonition advising individuals to act with care and consideration of potential risks.

Thought-Activated Software

Software interfaces that are controlled through brain waves or thoughts, enabling hands-free operation.

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