I think economists and politicians need their own version of the hippocratic oath.
http://gregmankiw.blogspot.com/2008/12/fiscal-policy-puzzles.html "I am not sure how convinced I am by these findings. And even if they are correct, I am not sure what model I should use to explain them and to what extent that model would apply to the extraordinary economic circumstances we now face. At the very least, these puzzles should give us reason to pause when using the Keynesian framework for policy analysis. There is still a lot about macroeconomics that remains deeply puzzling." This from a Harvard professor who literally wrote the book on macroeconomics. _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
