Winter vacation ideas in the us for While there is nothing wrong with looking at statistical data, the complexity of economic phenomena makes empirical analysis particularly difficult. We must also consider political motivations since, as Stone notes, policy goals do enter into analysis at some point. Stone’s work on consumption and national accounts won him fame during the heyday of Keynesian economics. The decline of Keynesian economics diminished the importance of his work on consumer expenditures and behavior. His most lasting influences are in developing national income accounting and in popularizing econometric analysis in general. BIBLIOGRAPHY. Angus Deaton, Sir Richard Stone, The New Palgrave of Economics (Palgrave Macmillan, 2002); James Buchanan, Politics without Romance: A Sketch of Positive Public Choice Theory and its Normative Implications, IHS Journal (v. Winter vacation ideas in the us 2016.