tag:blogger.com,1999:blog-6837159629100463303.post72916391179463466..comments2023-06-18T01:25:08.748-07:00Comments on Information Transfer Economics: Revealing the true business cyclesJason Smithhttp://www.blogger.com/profile/12680061127040420047noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-6837159629100463303.post-87410763898102676082015-06-14T10:03:20.011-07:002015-06-14T10:03:20.011-07:00GIGO, indeed! I looked at the two Noah Smith parag...GIGO, indeed! I looked at the two Noah Smith paragraphs and cringed. What the hell are they teaching economists? Apparently not autocorrelation.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6837159629100463303.post-91014831645009675912013-12-13T13:31:30.105-08:002013-12-13T13:31:30.105-08:00Additionally, the plucking model is consistent wit...Additionally, the plucking model is consistent with the idea that aggregate demand is associated with the information source, so that the information transmitted by the demand is always greater than or equal to the information received by the supply.Jason Smithhttps://www.blogger.com/profile/12680061127040420047noreply@blogger.comtag:blogger.com,1999:blog-6837159629100463303.post-51960025287760794592013-12-13T13:29:06.046-08:002013-12-13T13:29:06.046-08:00Note that excising the recessions is consistent wi...Note that excising the recessions is consistent with Friedman's "plucking" model:<br /><br />http://economistsview.typepad.com/economistsview/2006/01/new_support_for.htmlJason Smithhttps://www.blogger.com/profile/12680061127040420047noreply@blogger.com