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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (17458)	2/17/2004 2:44:10 PM
From: Oblomov	Read Replies (1) \| Respond to of 306849

"Supply side" isn't really a flavor of economist. Supply side economics just a body of theory that reconciles macro and microeconomics by claiming that agents make decisions on the basis of relative prices. Not many economists (including running dog Paul Krugman) would claim that the basic arguments behind Mundell's theory are wrong. But commentators usually start with the political consequences they find beneficial, and work backward to first principles. It's not intellectually honest, but it pays the bills. Given that you don't derive a living from the commentary biz, why would you need to play in such a small mental sandbox?