The NBER Framework to Asses Business Cycles Describes but Does not Explain Them

While the NBER collects economic data ostensibly to aid policymakers, the data it acquires is useless without proper economic theory to correctly interpret the numbers.

Source: Mises Institute

Original URL: https://mises.org/mises-wire/nber-framework-asses-business-cycles-describes-does-not-explain-them