Copemican Revolution Coming to Economics

Forbes, Steve
January 2011
Forbes Asia;Jan2011, Vol. 7 Issue 1, p11
In this article, the author reflects on the flaws and absurdities in the methodology which is being used to measure and build post-Depression economics by economists. He refers to the article "Current Events" by Amity Shlaes published in the current issue of the journal, which explains that the way the economy is measured is fundamentally flawed. The author also states that in addition to inflation, 2011 will be hit by a series of state and municipal government financial crises.


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