Mention467971
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| so:text | The stampede toward “rational expectations” — widely thought to be a “revolution,” though it was only a generalization of the neoclassical idea of equilibrium—derailed the expectations-driven model building that had just left the station. In the end, this way of modeling has not illuminated how the world economy works. (en) |
| so:isPartOf | https://en.wikiquote.org/wiki/Edmund_Phelps |
| qkg:hasContext | qkg:Context230835 |
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| qkg:Quotation443467 | qkg:hasMention |
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