http://www.nytimes.com/2015/05/17/upshot/dont-be-so-sure-the-economy-will-return-to-normal.html?abt=0002&abg=0

On Fri, May 15, 2015 at 6:11 PM, Ian Murray <[email protected]>
wrote:

>
>
>
>
>
> 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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-- 
Michael Perelman
Economics Department
California State University
Chico, CA
95929

530 898 5321
fax 530 898 5901
http://michaelperelman.wordpress.com
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