People who have a hidden agenda or who confuse a model with reality can misuse it.
FORBES: The Dangerous Seduction of the Lifetime Value (LTV) Formula
According to my count, we now have eight Nobel Prizes to economists who cast doubt on the Keynesian model, and zero to economists for advancing the Keynesian agenda.
FORBES: Thomas Sargent, Rational Expectations And The Keynesian Consensus
But privacy is back on the national and consumer agenda, and Yoon thinks this time infomediaries like Bynamite can make the model work.
FORBES: Names You Need To Know in 2011: Bynamite
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