Conclusion Quote by George Bernard Shaw
“Experience is a wonderful thing. It enables you to recognize a mistake when you make it again. If all economists were laid end to end they would not reach a conclusion.”
About This Quote
Source Play: Man and Superman, 1903
Experience teaches us to avoid repeating mistakes, yet economists often fail to reach consensus.
In simple terms: Experience helps avoid repeat mistakes; economists lack agreement.
Learn from experience and question consensus.
Themes
Mood
Type
When to use this quote
- business strategy
- academic research
- personal finance
Key Concepts
Questions to Reflect On
- How does experience shape your decisions?
- Why do economists disagree so often?
Consensus may be necessary for policy action.