Who Said About Classical Economic Theory: "The Long Run Is

question 74

Short Answer

Who said about classical economic theory: "the long run is a misleading guide to current affairs. In the long run we are all dead"?

---

Definitions:

Specialized Knowledge

Expertise or skills in a specific area or field, which sets individuals or teams apart from others in terms of capabilities.

Process

A series of actions or steps taken in order to achieve a particular end.

Knowledge Adaptation

The process of adjusting and applying acquired knowledge to new situations or contexts.

Improvise Fixes

The ability to quickly come up with solutions or workarounds in unexpected situations or when facing problems.