Tuesday, March 11, 2014

Mark Buchanan — Macro muddles


Some nice Peter Dorman quotes about macro assumptions. Mostly boils down to methodological convenience, ideology and investment protection trumping scientific curiosity and admission of failures and attempts to correct them. A useless bunch that should have been fired long ago, as Bill Mitchell has been saying for some time.

The Physics of Finance
Macro muddles
Mark Buchanan

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