Tuesday, February 19, 2013

Dropping the AS IF

Think of the. " by an invisible hand " or as if money ...whatever that might be framed into Has something well captured by the word velocity for that matter any of GT Keynes aggregates like Y I C N Trying to drop the " as if " and plowing into making policy can take you right down the rabbit hole On the other hand retaining the "AS IF" brackets Suggests you set up some pretty sharp real time info feed back systems Of course in the public square chatter dropping the as it's can be like playing catch with a Bowie knife