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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.” quote by George Bernard Shaw
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“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.”

George Bernard Shaw

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.

Key Takeaway

Learn from experience and question consensus.

Themes

learning economics mistakes

Mood

reflective analytical

Type

literary philosophical

When to use this quote

  • business strategy
  • academic research
  • personal finance

Key Concepts

critical thinking philosophy

Questions to Reflect On

  • How does experience shape your decisions?
  • Why do economists disagree so often?
A Different Perspective

Consensus may be necessary for policy action.

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