Lyndon Johnson said "Someone once defined an economist as a person who says that we move in cycles instead of running around in circles." @ PoliticalQuotes.com

On the recordFebruary 1, 1966

Someone once defined an economist as a person who says that we move in cycles instead of running around in circles.

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Democratic · Texas

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Remarks at the Swearing In of Dr. James Duesenberry as a Member, Council of Economic Advisers.

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