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Re: None

Tuesday, 03/27/2012 8:30:07 PM

Tuesday, March 27, 2012 8:30:07 PM

Post# of 8
econophile/zero hedge had a great line. I didn't want to lose it:

"But it is just a way to disguise false ideology by cloaking it in mathematical formula. See Hayek and Mises on this topic.

Because the formula "works" doesn't mean it is right. Believe what you want to believe.

I think this is mostly an ad hoc ergo propter hoc (A happened and then B happened, thus A caused B) kind of analysis and that his conclusions are based on incorrect theory and fail to explain anything. "


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