How Did Economists Get It So Wrong?
This is one of the few Krugman pieces that I find to be somewhat fair minded. He does an excellent job of noting some of the shortfalls of neo-classical economic theory, though he's somewhat less thorough in his critique of what is today laughably called "Keynesian" economics.
Even so, how Krugman could have written such an article without reference to Steve Keen's masterwork on this subject, Debunking Economics, is beyond me.
No comments:
Post a Comment