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Quotation of the Day…

… is from page 161 of Fritz Machlup‘s 1964 collection International Payments, Debts, and Gold; in particular, it’s from Machlup’s chapter – written exclusively for inclusion in this volume – “The Mysterious Numbers Game of Balance-of-Payments Statistics”: [T]here is insufficient realization of, or at least insufficient emphasis on, the impossibility of obtaining reliable and permanently [...]
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