Robert Skidelsky, "How to rebuild a shamed subject": > economists ... should take as their motto Keynes’s dictum that 'economics is > a moral and not a natural science'.<
I can feel thousands of economists wincing, though it might go over better if we replace "moral" by "social." In general, it's hard to imagine the economics profession reforming itself in the way Skidelsky suggests. It's more likely to the extent that the recession is deep and the subsequent stagnation is long-lived. (What's bad news for almost everyone is good news for the cause of reform.) There's little or no _internal_ force pushing economists to change. -- Jim Devine / "All science would be superfluous if the form of appearance of things directly coincided with their essence." -- KM _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
