On 11/14/2013 4:13 PM, [log in to unmask] wrote: > I remain puzzled as to why some historians of economic thought > can't seem to shed their Keynesian beliefs in the face of analysis clearly > contradicting them. Perhaps because they care about the empirical evidence: http://equitablegrowth.org/2013/11/12/622/oh-dear-megan-mcardle-relies-on-john-cochrane-and-so-goes-badly-astray hth, Alan Isaac