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Dissing macro?

'Macro was full of theories like "low unemployment causes inflation" that never quite stood up to reality.'

Tsk tsk, backhanded dissing of economists.

http://www.bized.ac.uk/timeweb/crunching/crunch_relate_work3.htm

Just because this one is wrong doesn't mean macro is *full* of inaccurate theories.

Jason McCullough
Monday, June 17, 2002

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