Nothing in these abstract economic models actually works in the real world. It doesn't matter how many footnotes they put in, or how many ways they tinker around the edges. The whole enterprise is totally rotten at the core: it has no relation to reality.
Noam ChomskyWashington still refuses to provide evidence to support the claims in 1990 that a huge Iraqi military build-up on the Saudi border justified war.
Noam Chomsky