See if you can figure out why:
via macromarketmusings.blogspot.com
H/t marginal revolution. RTWT. --TS
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You might want to read the comments to the Marginal Revolution post you link to, and also http://noahpinionblog.blogspot.com/2012/12/david-beckworth-might-be-very-wrong.html for why this isn't something to take seriously.
Posted by: Keynesian | December 05, 2012 at 04:49 PM