Monday, April 8, 2013

Ramanan — … One Funeral At A Time?

The variant of this [longer Max Planck quotation] is “Science advances one funeral at a time.”
Margaret Thatcher passed away today but Thatcherism still survives and dominates policy debates. So perhaps Max Planck doesn’t seem to apply to economics yet in a straightforward way.
The best opposition to Thatcherism came from Cambridge. In a small book based on speeches in the House of Lords (1979-1982) The Economic Consequences Of Mrs Thatcher and devoted entirely to pin-pointing the fundamental errors of Thatcherism, Nicholas Kaldor wrote in this in a chapter titled The Economics of the Primitive....
The Case for Concerted Action
… One Funeral At A Time?
Ramanan


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