The Basis For The Changing Basis

By |2017-03-28T12:13:18-04:00March 28th, 2017|Currencies, Economy, Federal Reserve/Monetary Policy, Markets|

It is simply the nature of modern Economics to get most things backward. Positive Economics particularly in the form of econometrics has been like a declaration of ignorance, where Economists have formally decided to try and understand as little as possible. If you know anything about statistics you know why, for the one thing that bogs down statistical equations and [...]