But David, what if Otto Eckstein's observations, Daniel Kahneman's behavioral economics findings, plus the law of unintended consequences, and the realization that statistically reversion to the mean were the real underlying factors driving economic cycles? That might put a lot of economists in the unemployment line. (Jim Joslin)
But David, what if Otto Eckstein's observations, Daniel Kahneman's behavioral economics findings, plus the law of unintended consequences, and the realization that statistically reversion to the mean were the real underlying factors driving economic cycles? That might put a lot of economists in the unemployment line. (Jim Joslin)