Suppose two economists are debating tax refrom bill Solution
Suppose two economists are debating tax refrom bill.
Solution
The more plausible reason for the disagreement between these two economist is the lack of evidence about the long run impact of the proposed bill. Economy is a machine with million of parts in the form of humans. it is very tough to predict the long run implications of a policy change with so many stakeholders involved. Since they reach the first conclusion so the methodology and values seems to be identical.
