I read the abstract. It sounds like a good piece of micro/econometric work. It has nothing to do wih the macro effects of deficit spending.
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12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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Perhaps there is more to their analysis than is in the abstract.“As a lifelong member of the Columbia Business School community, I adhere to the principles of truth, integrity, and respect. I will not lie, cheat, steal, or tolerate those who do.”
"Capitalism ho!"
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gribby has, sadly, lost some of the critical thinking ability he demonstrated when he first got here.
12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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Why would they even mention "Keynesian multipliers" if they weren't trying to find out anything about the macro effects?Originally posted by KrazyHorse View PostI read the abstract. It sounds like a good piece of micro/econometric work. It has nothing to do wih the macro effects of deficit spending.
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Then they have written a singularly bad abstract.Originally posted by DaShi View PostPerhaps there is more to their analysis than is in the abstract.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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Because they have engaged in the fallacy of composition, you idiot.Originally posted by gribbler View PostWhy would they even mention "Keynesian multipliers" if they weren't trying to find out anything about the macro effects?12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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Hardly. I read the National Review because it's got a lot of very thoughtful conservative viewpoints. I try to keep some balance and read liberal viewpoints as well (although I admit I prefer reading conservative articles, sue me).Originally posted by DaShi View PostAnd yet you eat up National Review articles.
Overall it's a pretty good magazine.If there is no sound in space, how come you can hear the lasers?
){ :|:& };:
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Just skimmed the article. There is absolutely nothing there indicating that these guys have the slightest clue about what's wrong with such a naive analysis.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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Here you go:
James Feyrer
Department of Economics
Dartmouth College
6106 Rockefeller Hall
Hanover, NH 03755-3514
and NBER
james.feyrer@dartmouth.edu
Bruce Sacerdote
6106 Rockefeller Hall
Department of Economics
Dartmouth College
Hanover, NH 03755-3514
and NBER
Bruce.I.Sacerdote@dartmouth.edu
email them. Be sure to call them *****
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I'm sure they'll be hearing exactly this criticism from other, ****.
12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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It's pretty pathetic that you have absolutely nothing to say on this other than to claim "they're professors, therefore they are correct"....12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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As per my suspicion, they appear to be econometricians, not macroeconomists...12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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