Economists Have No Clothes – James Buchanan

“Why have economists had so little meaningful to say about the 2008 crises? Where and
when did the ‘science’ get off the track? Can anything be done to restore respectability to
Economics as a useful area of inquiry? This short essay examines these questions.”

http://www.rmm-journal.de/downloads/010_buchanan.pdf

HT: Marginal Revolution: http://www.marginalrevolution.com/marginalrevolution/2010/02/economists-have-no-clothes.html


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