OohPooPahDoo
Gold Member
Too bad Milton Friedman isn't alive to weigh in on this one. I bet there are thousands of accounting students that posses a basic understanding of economics that have the ability to repudiate this pathetic excuse of economic theory proposed by the esteemed 40. As an old economics professor once stated, those that study the science of economics understand the inner-relationship between past data, mathmatical formulas, and theory, however, disgrace the discipline of economic science if they pretend to forecast the future, and for those that do, they are nothing more than charlatans waiting to have their heads handed to them.
Wow. So the only economist with a PhD you can think of that would debunk the supposed myth is dead.