Tuesday, November 30, 2010

Finding a Post-Crash Economic Model - WSJ.com

Finding a Post-Crash Economic Model - WSJ.com:
"In the wake of a financial crisis and punishing recession that the models failed to capture, a growing number of economists are beginning to question the intellectual foundations on which the models are built. Researchers, some of whom spent years on the academic margins, are offering up a barrage of ideas that they hope could form the building blocks of a new paradigm."
Rationality with limits will win. My prediction.

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