The Fraud of Macroeconomic Stabilization Policy
نویسندگان
چکیده
The details of the future will remain forever veiled to us. But give a gypsy seer a Ph.D. in economics and arm her with statistics and mathematical models, and people suddenly start taking her seriously. She will be invited to testify before Congress and held up by State TV as an expert in business forecasting. But from an analytical point of view, what she does is no different from what she did as Sister Sarah at a roadside stand. (Rockwell 2000, p. 4)
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