Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
But didn't all those monster econometric models run on monster computers predict the crisis and provide all the options for sorting it (and measuring the success of alternate strategies) enabling a perfect optimisation of the required solution?

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Fri Dec 3rd, 2010 at 11:47:34 AM EST
[ Parent ]
No.  

Neo-Classical Economics cannot predict Bubbles will happen much less what to do when they do.  

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Fri Dec 3rd, 2010 at 12:58:19 PM EST
[ Parent ]
I forgot the ;-)

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Fri Dec 3rd, 2010 at 01:02:46 PM EST
[ Parent ]
Sorry, my snark detector is in the shop.  

:-)


She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Fri Dec 3rd, 2010 at 01:09:29 PM EST
[ Parent ]
Commas are free - you don't have to spare, them ;-)

You can't be me, I'm taken
by Sven Triloqvist on Fri Dec 3rd, 2010 at 01:13:00 PM EST
[ Parent ]

Display:

Top Diaries

The Making of A Rebellion

by Oui - Jan 10
58 comments

Italian government collapse

by IdiotSavant - Jan 15
20 comments

China Releases Trump's Deck of Cards

by Oui - Jan 21
6 comments

A New Dawn In America

by Oui - Jan 20
29 comments

Forever Corruption and A Pardon

by Oui - Jan 20
4 comments

Dutch Government Collapse

by Oui - Jan 16
6 comments

Occasional Series