Tuesday, June 5, 2012

Phrase of the week: The Age of Lack of Innocence

"In this age of Leontief and Sraffa there is no excuse for mystery or partisan polemics in dealing with the purely logical aspects of the problem."

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On the GDP data and the risk of a recession

For the most part what I suggested here , a month ago or so, seems to be essentially correct [the video is not very good, and it continued s...