Krugman on Mistaken Identities « Uneasy Money

No, no! A thousand times no! If we are really talking about an identity, nothing has to be happening to enforce the identity. Identities don’t have to be enforced. Something that could not conceivably be otherwise requires nothing to prevent the inconceivable from happening.

via Krugman on Mistaken Identities « Uneasy Money.

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