Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
kleinbl00 · 3304 days ago · link · · parent · post: Heather Stewart: Next financial crash is coming – and before we've fixed flaws from last one
The problem is that for any economic model, you start by excluding data that doesn't fit your parameters - like Piketty arguing that the past 60 years are anomalous because of global warfare and therefore we need to pay closer attention to the 1850s or Goodhart et. al. arguing that the past 60 years are the only thing that matters because China and Collapse of the USSR therefore PIketty is full of shit.