... seems often to me to be the main point of many mainstream economists these days. I deliberately don't write, "Why you should listen..." Somebody as stupid as Kartik Athreya, a PhD. with the research department of the Federal Reserve Bank of Richmond, appears to be doesn't deal in arguments. I also see this sort of babble in recent posts by Frances Woolley, and Mike Moffat. (See also Nick Rowe's comments to those posts.)
(I, of course, have read papers making points along Colander's line.)
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