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December 26, 2006
Saved by his Own Research
The trouble with my research is that I'll never benefit from it. I can guarantee it. What does that say about my skills as a forward looking, optimizing agent???
Another example of the ways that economists built a world view on a series of assumptions that are more honoured in the breach than in the observance.
Posted by dag at December 26, 2006 9:10 AM