Mention474208
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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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