“The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist.” ...
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Posts Tagged ‘ Finance Minister ’
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The state of economy: Budget deficit and borrowing
Set the numbers free
Forecasting is difficult, particularly about the future — the saying goes. Figuring out how things had been in recent past ought to be easier. Not so it seems when it comes to statistics in Bangladesh.
Take the national accounts for example. Early every summer, the Bangladesh Bureau of Statistics releases provisional national accounts for the...
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