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Nothing about that represents any conceptual leap beyond what every reasonably clever neoclassical has been doing for decades.

Maybe the mathematics is a little more elegant, but it's still the same old bounded optimization logic under all the new paint.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Wed Jan 22nd, 2014 at 01:34:25 PM EST
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