On 5/15/15, 11:49 AM, "Eugene Coyle" <[email protected] on
behalf of [email protected]> wrote:
>Tyler Cowen has a blog called "Marginal Revolution."
>
>Today in NYT he was a musing that the economy isn't working. Which is to say,
>"Everything I have believed and taught about economics is a lie."
=========
Except that he does not say that at all.
So economists have beliefs about capitalism that turn out to be incorrect; who
knew?
The history[ies] of the so-called sciences are littered with errors. How many
economists will take even 1 hour to grapple with Larry Laudan’s argument on the
role of errors in the pursuit of theories adequate to the phenomena we inquire
about. A recent iteration on the problem may be found at the link:
>http://philsci-archive.pitt.edu/1943/1/PMI_and_Two_Fallacies.pdf
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