Sunday, November 14, 2010

Yglesias » Backwards Causation

Yglesias » Backwards Causation: "Economics aside, I’ll just make the sociological observation that it’s strange to bolster an argument in favor of free markets and against government intervention via a theory which holds that the operation of the market is in fact so delicate that downbeat utterances from George W Bush can lead to a worldwide loss of trillions of dollars in output."

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