Jamal Awil

← Never Let a Serious Crisis Go to Waste

And because I am a representative agent, everybody agrees with me. [causal]

A good DSGE joke current on the blogs is: “Based on all available information, I rationally expect DSGE models to suck for an infinite number of future periods; and because I am a representative agent, everybody agrees with me.”

Philip Mirowski, Never Let a Serious Crisis …, loc. 784