Everyday speech in an economic context but not by economists. That’s the difference. Two surgeons discussing an appendectomy over lunch is different from two random people in a bar discussing an appendectomy.
They’re both using a term from a technical context but their understanding of the technical meaning of the term is different and the connotations are different.
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Everyday speech in an economic context but not by economists. That’s the difference. Two surgeons discussing an appendectomy over lunch is different from two random people in a bar discussing an appendectomy.
They’re both using a term from a technical context but their understanding of the technical meaning of the term is different and the connotations are different.