Back in 1975, in a collected volume entitled International Trade and Finance: Frontiers for Research, an economist named Carlos F. Diaz-Alejandro wrote: “by now any bright graduate student, by choosing his assumptions ... carefully, can produce a consistent model yielding just about any policy recommendation he favored at the start.”
- Boston Review: Economics After Neoliberalism
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The Boston Review paragraph continues:
"Economics has become even richer in the intervening four decades. We might say, only slightly facetiously, that today the graduate student need not even be that bright!"
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