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so:text In central banking circles, it is viewed as obvious that the accumulation and destruction of reputational capital more closely resembles adaptive than rational expectations — it lags behind reality. Here, I think, the central bankers are closer to the truth than the economic theorists. (en)
so:isPartOf https://en.wikiquote.org/wiki/Alan_Blinder
so:description Central Banking in Theory and Practice. 1998 (en)
qkg:hasContext qkg:Context233866
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