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Friday, July 28, 2017

How about a little accountability for economists when they mess up?

Suppose our fire department was staffed with out-of-shape incompetents who didn’t know how to handle a firehose. That would be really bad news, but it wouldn’t be obvious most of the time because we don’t often see major fires. The fire department’s inadequacy would become apparent only when a major...

How about a little accountability for economists when they mess up?

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