Bye--Bye Keynesian Econometrics

September 1979
National Review;9/28/1979, Vol. 31 Issue 39, p1198
The article comments on the Keynesian biases of econometric models used to determine public policies in the U.S. Key issues discussed include the inability of large-scale econometric models, which are based on Keynesian economic theories, to handle the complex set of relationships that determine supply-side economics. The issues' implications for economic policy are also cited.


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