Both are excellent technicians, but I wonder how much either has contributed to the understanding of the world. I admit that Sargent's history book is an exception. His macro book was interesting -- explaining everything by Fourier transformations, but I never got any economic insights from it.
I appreciate Julio's synopsis of their work, but again, I wonder what their statistical analysis teaches us. -- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
