I thought it was called 'heroic assumptions.'

mbs


-----Original Message-----
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED] Behalf Of Devine, James
Sent: Friday, February 28, 2003 11:47 AM
To: '[EMAIL PROTECTED]'
Subject: [PEN-L:35143] RE: Re: Mankiw


> >Krugman's NYT column today suggests that Mankiw will have little
> >choice but to toe the party line.
Doug writes:
> Of course! [Mankiw had] better practice his lying if he wants
> to keep his job.
please, we professional economists don't call it "lying." It's called
"creating a model."
------------------------
Jim Devine [EMAIL PROTECTED] &  http://bellarmine.lmu.edu/~jdevine

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