Crossword-Solution: ECONOMISTS 10 letters, 4 clues 🏆 scrabble score: 14

None of this excuses anyone from mastering the basic ideas and terminology of economics. The intelligent layman must expect also to encounter good economists who are difficult writers even though some of the best have been very good writers. He should know, moreover, that at least for a few great men ambiguity of expression has been a positive asset. But with these exceptions he may safely conclude that what is wholly mysterious in economics is not likely to be important.

I remembered that once, as a child, I was filled with wonder, that I had marveled at tri-folded science projects, encyclopedias, and road atlases. I left much of that wonder somewhere between Mrs. Wheeler's class and Mondawmin Mall, somewhere between the schools and the streets. Now I had the privilege of welcoming it back like a long-lost friend, though our reunion was laced with grief; I mourned over all the years that were lost. The mourning continues. Even today, from tim…

Economists often talk about the 80/20 Principle, which is the idea that in any situation roughly 80 percent of the “work” will be done by 20 percent of the participants. In most societies, 20 percent of criminals commit 80 percent of crimes. Twenty percent of motorists cause 80 percent of all accidents. Twenty percent of beer drinkers drink 80 percent of all beer. When it comes to epidemics, though, this disproportionality becomes even more extreme: a tiny percentage of people do the majority of the work.