December 19, 2013 at 14:09 PM EST
Somewhere Between Rocket Science and Quantum Mechanics
Monetary economics is definitely harder to grasp than rocket science, but easier than quantum mechanics. One of the hard parts is breaking free from the notion that interest rate changes are reliable guides to the stance of policy. And one thing that makes that difficult is that sometimes rate changes they are reliable. When rates rose [...] View the full post at: Somewhere Between Rocket Science and Quantum Mechanics Related posts: The March of Science and Health Care Reform The Silly Multiplier “Debate” The Week Ahead in the Dismal Science
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