Quote of the Day: F. A. Hayek!

"Mr. Keynes' aggregates conceal the most fundamental mechanisms of change"

A model is basically a math puzzle. It may be complex and it may be elegant, but at the end of the day it's still a puzzle that will spit out an "answer". Whether or not the "answer" is accurate is another story entirely. It's like those Global Warming freaks, thinking they can control, manage and predict the weather 50 years out. Ridiculous! They can't even get next weeks forecast right.


Popular posts from this blog

October retail sales come in strong, especially auto sales

Tea Party Buffalo Pictures

How to spot a fake Tea Partier