Scobie, G.M.
(1981)
Government policy and food imports: the case of wheat in Egypt.
Other.
International Food Policy Research Institute, Washington, USA.
Abstract
Much of the work of economists is concerned with the future, withforecasts and planning But forecasts are trivial and planning Is useless unless they are based on fact: and facts which are at our disposal arefacts of the past ... The purpose of analysis, applied tothose facts is theexplanation of what has happened-the explanation that is, of economic history.... So even if our business is with forecasts of what is likely to happen or with probable results historical analysis comes first
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