Friday, April 13, 2012
Floris Heukelom — Economics as a doctrinal discipline
This is a provocative post challenging the notion that economics is or can be an entirely empirical science since it is grounded in norms and values, which act as hidden assumptions. Better to admit them, shine light on them and examine them rationally instead of pretending that they don't exist.
Read it at INET | History of Economics Playground
Economics as a doctrinal discipline
by Floris Heukelom
(h/t Matt Stoller at Naked Capitalism)