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.
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.