Monday, December 5, 2011

Guest Post: It's Time To Give Up On Mainstream Economics

Submitted by ChrisMartenson.com guest contributor Gregor Macdonald
It's Time To Give Up On Mainstream Economics






Few modern economists would, for example, monitor the behaviour of Procter and Gamble, assemble data on the market for steel, or observe the behaviour of traders. The modern economist is the clinician with no patients, the engineer with no projects. ~ John Kay, from The Map is Not the Territory: An Essay on the State of Economics, October 2011







I’m not quite sure

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