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Posted 12/01/2007 by Legal Week
The dismal science - that's economics, by the way, not law - has generated numerous classic quotations over the years. Examples include: "Give me a one-armed economist so he can't say 'on the other hand'"; "He uses statistics like a drunk uses a lamp-post - for support, not illumination"; and "When the facts change, I change my opinion. What do you do, sir?".
Now there is a proud new entry to the pantheon of memorable bon mots in economic punditry, courtesy of one high-profile Ashurst partner. When asked for his sage market predictions for the year ahead, the corporate wunderkind gave The Diary a useful health warning before providing his top tips.
"Since I'm not an economist or an investment banker," he advised, "I'm always cautious before I start talking bollocks."