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According to Interland (2009) the art of economics consists in looking not merely at the immediate but at the longer effects of any act or

  1. According to Interland (2009) the art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists of tracing the consequences of that policy not merely for one group but for all groups. Discuss

Source: Jeneen Interlandi, "Not Just Urban Leg- end," Newsweek, January, 19, 2009

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