Bullard, James Brian; Evans, George W.; Honkapohja, Seppo - 2009
that economic theory needs to take explicit account of
the effects of judgement on the behavior of macroeconomic systems.
2 … the “financial headwinds” that were thought to be
inhibiting U.S. economic growth in the early to mid-1990s. As they …/11terroristattacksintheU.S.,aswellasahost
of more minor events thought to influence economic performance.
Conventional wisdom among economists …