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May 15, 2009


Bruce Davis

We used Perez in the creation of zopa - perhaps why it has benefited from the crunch as it was built for an age that was yet to come rather than to address the status quo?

Steve Hughes

I'd have more time for Kondratiev theory if it ever made any useful predictions, rather than just 'explaining' events after they have happened.

Will Davies

Maybe so, Steve, but maybe the urge to predict is out of keeping with the spirit of an evolutionary system. Surely the requirement, when crisis hits, is to imagine, not calculate.

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