In the sick room, ten cents' worth of human understanding equals ten dollars' worth of medical science.
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Ignorance of what real learning is, and a consequent suspicion of it; materialism, and a consequent intellectual laxity, both of these have done destructive work in the colleges.
Over the last decade, economists seemed to share a broad consensus about economic policy, with the old splits between monetarists and Keynesians apparently being settled by events. But the Great Recession of the last two years has changed everything.