Sean Carroll's Mindscape: Science, Society, Philosophy, Culture, Arts, and Ideas
293 | Doyne Farmer on Chaos, Crashes, and Economic Complexity
Doyne Farmer
Let me just put an asterisk by this. There are special cases where that doesn't, where you get dynamics. But they're really special cases. If you look at the workhorse models used by the Federal Reserve or any of the people who are actually using models to make decisions about the economy, they're still actually using rational expectations.
0
💬
0
Comments
Log in to comment.
There are no comments yet.