Comment:

Yes, think of economics where we have RBCs, and heterogeneous representative agents, and Efficient Markets; Kind of serve the same purpose in economics as the flat earth theory, geocentrism, and LaMarckian evolution do in the physical sciences.

should have been

Yes, think of economics where we have RBCs, and Rational Expectations, and Efficient Markets; Kind of serve the same purpose in economics as the flat earth theory, geocentrism, and LaMarckian evolution do in the physical sciences.

I hate it when a comment can’t be previewed.  And I hate it that the mind doesn’t always work the way it should.  Unfortunately the warranty has expired.

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Kevin O’Neill
Franklin, Wisconsin (suburb of Milwaukee, 90 miles north of Chicago)
Metrologist