Never ceases to amaze me how the newly empowered so quickly forget:
Economics, as we have now seen again and again, is a science of recognizing secondary consequences. It is also a science of seeing general consequences. It is the science of tracing the effects of some proposed or existing policy not only on some special interest in the short run, but on the general interest in the long run.
–Henry Hazlett, 1946.
Source: Economics in One Lesson | Foundation for Economic Education