Debt and the Fog of Numbers
Aug 11th, 2009 | By James Howard Kunstler | Category: Featured, Macro Economics
One of main reasons behind the vast confusion now reigning in the USA, our failure to construct a coherent consensus about what is happening to us (or what to do about it), is our foolish obsession with econometrics -- viewing the world solely through the "lens" of mathematical models. We ...read more
