The issue of how confident we are in the [...] answer is a subtle one which cannot be resolved by computing some measure of how well the model mimics historical data. The degree of confidence in the answer depends on the confidence that is placed in the economic theory being used.
-- Kydland and Prescott, 1991 AD
Every downwards movement of a body made of gold or lead, or any other material, is faster inasmuch the body is larger.
-- Aristotle, 300 BC
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