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« Mike Nutter Lies. Film at 11. | Main | Quote of the Day: SAVAK Thanks You »

December 07, 2008

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It's also useful to distinguish when Krugman or a Stiglitz, Greenspan, Friedman etc. were wearing the hat of an academic economist vs. a partisan polemicist when they discuss economic policy. Almost always there's a shift toward caution and precision when they are/were addressing their peers or a technical question rather than a general audience.

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