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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Ilaine who wrote (10612)10/7/2001 3:40:38 PM
From: Oblomov  Respond to of 74559
 
Thanks.

>>All we know about economics we learned by looking at the past. There are no immutable physical laws involved here.

Yep, that's why the end of a business cycle is often accompanied by a change in the orthodoxies among economists and other social scientists. I can only hope that the new orthodoxy will be better than the current one. But that's probably hoping too much.