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The Unit Root should consist of units, or measures, which are governed by a set of rules declared by economists. Units may be increase or decrease as often and wherever an economist decides. For example, a corollary unit would enable an economist to make a corollary sub-unit to any unit already made. Or an autoregressive time-series forecasting would require the economist to do what its name implies. Or an opposite secular growth would enable an economist to declare reverse playibility on the other economists. (Remember, the economist would declare this unit oppositely by not declaring it.)

And we must all wear masks.

by Lupin on Thu Mar 5th, 2009 at 08:13:45 AM EST
That makes as much sense as Mankiw :-)

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Thu Mar 5th, 2009 at 08:14:18 AM EST
[ Parent ]
To quote Bill Watterson,the purpose of academic writing is to "inflate weak ideas, obscure poor reasoning, and inhibit clarity."

And we still must wear masks. :-)

by Lupin on Thu Mar 5th, 2009 at 08:21:29 AM EST
[ Parent ]
by ATinNM on Thu Mar 5th, 2009 at 09:58:06 AM EST
[ Parent ]

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