"systemic failure of the economics profession" https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1355882 …pic.twitter.com/JSCV9XKLii
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macro economics is not scientific. It doesn't change the fact that they were talking about sub-prime loans and low quality securitization a couple years before the crash. e.g.https://www.lewrockwell.com/2006/06/kevin-duffy/housing-tulip-mania/ …
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