The (Many) Things Macroeconomists Don't Know
Harvard Business Review
MARCH 23, 2012
Another quote: " Rational expectations theory has brought macroeconomics a long way. He quoted (at length) a famous story from Keynes' General Theory. It describes a beauty contest in a newspaper where the goal is to pick the face that the most readers will vote for. but there is a clear case to reexamine the assumptions."
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