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A theory is appropriate as long as it fits into the fact; when a theory doesn't fit in the fact, it's wise to walk with the fact.

Sunday, August 14, 2011

Christina Romer brings hope for Americans?

Christina Romer (an economics professor at the University of California, Berkeley, and the ex-chairwoman of President Obama’s Council of Economic Advisers) tells policymakers to learn the lessons of history, lessons that show the way out of the recession, and then act accordingly, in her article in the New York Times.

Here is the link.  

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