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A Response to John Kay's Essay on the State of Economics

The optimism embedded in the efficient market hypothesis has been one of the main sources of the recent turmoil Read more

Bretton Woods, Past and Present: 3. Models in Economics

I cannot resist but to start quoting Mary Morgan’s second entry to the second edition of the New Palgrave: “Modeling became the dominant methodology of economics during the 20th century.” Read more

Twisting in the Wind

Sep 24, 2011

Bazooka

Sep 17, 2011