Monday, September 13, 2010

Goulsby Cannot Say When Unemployment Will Fall Appreciably



Austan Goolsbee, Chairman of the Council of Economic Advisors, has no idea, or "won't say" when unemployment will move appreciably below 10 percent.

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On the Use and Misuse of Principles, Theorems and Concepts

When financial commentators compile lists of "potential black swans," they misunderstand the concept. As explained by Taleb Nasim ...