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View Diary: Nobel Prize for Economics = neo-liberal swinefest UPDATED (197 comments)

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  •  Ha ... didn't see this and posted (1+ / 0-)
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    almost the exact same thing.

    I also believe there's a big difference between the economic science (or models as you state) of 'efficient markets' and the religion which has developed in certain circles.

    Economists would say just about anything is a model - perhaps useful, but with an understanding of what it means and in which situations. Not to be used as a magic predictor of everything.

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