A trend is a trend

Submitted by sarraf on April 4, 2013 - 11:00am

A trend is a trend, is a trend, but the question is, will it bend? Will it alter its course, through some unforeseen force and come to a premature end?

 

~Sir Alec Carincross

One of the Britain's most distinguished economists and a former chief economic advisor to the British government. (Extracted from J. Johnston and J. DiNardo: Econometric Methods, McGraw-Hill, 2007)

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