Edmund Phelps - At the simplest level, economics can better show us the consequences of our actions....

Edmund Phelps Zitate

At the simplest level, economics can better show us the consequences of our actions. Less simple are cases in which we don't have the knowledge to predict the full consequences. Global warming and climate change are examples.

Edmund Phelps

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Deutsche Übersetzung

Auf der einfachsten Ebene kann die Wirtschaft die Konsequenzen unseres Handelns besser aufzeigen. Weniger einfach sind Fälle, in denen wir nicht das Wissen haben, um die vollständigen Folgen vorherzusagen. Die globale Erwärmung und der Klimawandel sind Beispiele.

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