[FoRK] Fwd: Depression Discussion at Cato Unbound

Ken Ganshirt @ Yahoo ken_ganshirt at yahoo.ca
Wed Sep 23 17:33:35 PDT 2009

--- On Mon, 9/21/09, Russell Turpin <russell.turpin at gmail.com> wrote:

> From: Russell Turpin <russell.turpin at gmail.com>
> Subject: [FoRK] Fwd: Depression Discussion at Cato Unbound
> I thought FoRKers would be interested
> in this, so I forward it with
> Jeff's permission.

Seems to me his espoused "epistemic humility" would encourage them all to stop trying to explain reality in terms of a model that almost everyone admits is flawed or incomplete. No matter what words they wrap around it they all seem to come back to MV=Py as if it is scientific fact or a law of nature rather than unfounded speculation that everyone admits doesn't help explain most of reality, eg. the business cycle.


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