{"id":3586,"date":"2013-07-04T23:12:55","date_gmt":"2013-07-04T21:12:55","guid":{"rendered":"http:\/\/www.hanshafner.de\/blog\/?p=3586"},"modified":"2013-07-04T23:12:55","modified_gmt":"2013-07-04T21:12:55","slug":"how-economists-work","status":"publish","type":"post","link":"https:\/\/www.hanshafner.de\/blog\/2013\/07\/04\/how-economists-work\/","title":{"rendered":"How economists work"},"content":{"rendered":"<blockquote><p>If you put the nine members of the MPC in a room, it&#8217;s irrelevant whether you end up with one opinion or ten because any opinion is just an opinion: the policy they actually adopt has already been decided &#8211; by Goldman Sachs!<\/p><\/blockquote>\n<p>From the comments section of this rather <a href=\"http:\/\/feedly.com\/k\/14V8Y26\">interesting but worrisome article<\/a> about the new head of the Bank of England and the challenges he (and of course the other central banks as well) face.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you put the nine members of the MPC in a room, it&#8217;s irrelevant whether you end up with one opinion or ten because any opinion is just an opinion: the policy they actually adopt has already been decided &#8211; by Goldman Sachs! From the comments section of this rather interesting but worrisome article about [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[24],"class_list":["post-3586","post","type-post","status-publish","format-standard","hentry","category-lifestream","tag-fun"],"_links":{"self":[{"href":"https:\/\/www.hanshafner.de\/blog\/wp-json\/wp\/v2\/posts\/3586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hanshafner.de\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hanshafner.de\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hanshafner.de\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hanshafner.de\/blog\/wp-json\/wp\/v2\/comments?post=3586"}],"version-history":[{"count":0,"href":"https:\/\/www.hanshafner.de\/blog\/wp-json\/wp\/v2\/posts\/3586\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.hanshafner.de\/blog\/wp-json\/wp\/v2\/media?parent=3586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hanshafner.de\/blog\/wp-json\/wp\/v2\/categories?post=3586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hanshafner.de\/blog\/wp-json\/wp\/v2\/tags?post=3586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}