Monday, October 18, 2010

Keynsian QE enthusiasts...

...Should reflect on this quote from the Bloomsbury man himself:

"We ar faced at every turn with the problems of Organic Unity, of Discreteness,
Of Discontinuity-the whole is not equal to the sum of the parts, comparisons of
Quantities fail us, small changes produce large effects, and the assumptions of
A uniform and homogenous continuum are not satisfied"

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