Reply to "Labba-what the Economist saying about Root and Branch"

Former Member

ronan posted:
The article is on point in all important aspects
TK jumping on Lucas because he is a convenient foil . . . the piece barely mentions the man
and btw, Lucas supported operation twist, QE# whatever and all dem multi-zillion 'bailouts' needed to stabilize everything and provide liquidity after 2007
the meltdown was a shame and there is need for lil humility in the 'Economic Science' academic community, including Lucas, who led us down a garden path filled with thorns born of unacknowledged ignorance
except for the clowns afflicted with "Physics Envy" who feel that because they can fit a curve and do lil regression analysis, they can quantify everything

hey hey hey.

4/15/189:12 PM

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