One of the internet's most famous economics bloggers has published his 3 laws for everything
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They are:
- Cowen's First Law: There is something wrong with everything (by which I mean there are few decisive or knockdown articles or arguments, and furthermore until you have found the major flaws in an argument, you do not understand it)
- Cowen's Second Law: There is a literature on everything.
- Cowen's Third Law: All propositions about real interest rates are wrong.
Read them, remember them.
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