stagflation. -----Original Message----- From: fabio guillermo rojas [mailto:[EMAIL PROTECTED]] Sent: Thursday, January 30, 2003 5:32 PM To: [EMAIL PROTECTED] Subject: Economic anamolies and Kuhn
I'm teaching a course on the sociology of science and we read Kuhn's structure of scientific revolutions. FYI, Kuhn says that science is characterized by "paradigms" - most science works from basic assumptions justified by "model achievements." Scientific change occurs when anamolies - observations contradicting theory - undermine the "paradigm" and new ideas are adopted. Can someone provide me an example of an anamoly from the recent history of economics that led to a fundamental change in economic theory? Fabio