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William Dunkelberg: Why The Fed Should Focus On Small Business


On a recent visit to a Federal Reserve Bank, I walked past many of the staff offices and noticed that all of the white boards were covered with math equations. Models (a collection of math equations), as complex as they might be, are simplifications of a complex reality. Perhaps the most ambitious are the climate models which pretend to

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Posted: April 21, 2017 Friday 11:59 AM