In economics it is a far, far wiser thing to be right than…
“In economics it is a far, far wiser thing to be right than to be consistent”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Being correct in analysis outweighs merely being consistent in opinion.
In simple terms: Correctness beats consistency.
Prioritize truth over habit.
Themes
Mood
Type
When to use this quote
- policy debates
- academic research
- business strategy
Key Concepts
Questions to Reflect On
- Is it better to be right or reliable?
- When does consistency become harmful?
Consistency can be useful for building trust, even if occasionally wrong.