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The Lucas Critique of the Economy
The Austrian economics approach which is Hayekian and Lou von Mises are the main proponents of it, most famous proponents. What they're arguing is that the knowledge of ourselves is in our brains. It's not a set of mathematical equations that lets you predict what prices are going to be in advance. In other words, if you had a perfect model, you would still have to run the model to figure out what’s going to happen.