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" when a consensus forms around the universal applicability of a conclusion from a specific model, the critical assumptions of which are likely to be violated in many settings—as with perfect competition, say, or full consumer information—we have a problem. "

Dani Rodrik , Economics Rules: The Rights and Wrongs of the Dismal Science


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Dani Rodrik quote : when a consensus forms around the universal applicability of a conclusion from a specific model, the critical assumptions of which are likely to be violated in many settings—as with perfect competition, say, or full consumer information—we have a problem.