"The only function of economic forecasting is to make astrology look respectable," said John Kenneth Galbraith, the wisest American economist of his generation. ("A paltry honor," he would have murmured.) But you still can't resist wondering when the Chinese economy will be bigger than the U.S economy ― or the Brazilian bigger than the British, or the Turkish bigger than the Italian ― as if it were some kind of horse race.
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