The author&#x27;s main conclusion is that economists &quot;need to collect, check, and accumulate facts from which more accurate inferences can then be drawn. Without the immutable hard platform of objective facts on which we
can build an accurate narrative of the crisis
that stands the test of time, there’s little hope
for scientific progress as the waves of public
opinion toss our perspective in one direction
or another.&quot;<p>I don&#x27;t need a degree from Harvard and Yale, nor do I need to be a professor at MIT to tell you that.<p>If I were an expert in Professor Lo&#x27;s position, I would probably make a greater attempt to present <i>my</i> expert view of the events and <i>my</i> expert recommendations based off of the 22 texts that I have just read on the subject, rather than just saying that we should collect more data on everything so that this won&#x27;t happen again in the future.