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ellius · 3200 days ago · link · · parent · post: Spreadsheets of power: How economic modelling is used to circumvent democracy and shut down debate
There's a great Steven Keen lecture about how self-serving the models are. Oh wow, this great period of low unemployment and steady growth is great. Then WHAM! Along comes a mean old externality that causes a financial crisis and ruins all your hard work. As if you had nothing to do with it.