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Tag Archives: Samuelson-Merton

TO ECONOMISTS. Let me make it clear…

TO ECONOMISTS. Let me make it clear. I am as orthodox neoclassical economist as they make them, not a fringe heterodox or something. I just do not like unreliable models that use *some* math like regression and miss a layer of stochasticity, and get wrong results, and I hate sloppy mechanistic reliance on bad statistical […]