The models and approaches developed to understand the post-war business cycle and its bias toward moderate inflation are worse than useless today. Disagreement among economists nowadays reflects different positions not so much on the state of the economy, but on whether macroeconomic policy can provide an effective cure.
如今，已经出现了一定程度的共识。已很少有人质疑辉煌年代是否已经结束。如今为理解战后商业周期及其温和通胀倾向而发展出来的模型和方法纯属无用功。现在，经济学家之间的分歧反映的并非对经济状态的不同立场，而是对宏观经济政策是否提供了有效疗方的不同看法。