tag:blogger.com,1999:blog-2761684730989137546.post1229910937620976974..comments2024-03-29T07:30:30.121-04:00Comments on Mike Norman Economics: Rick McGahey — Why Does Economics Reject New Thinking?mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2761684730989137546.post-54501792248717247732016-08-24T23:48:54.828-04:002016-08-24T23:48:54.828-04:00"A new scientific truth does not triumph by c..."A new scientific truth does not triumph by convincing its opponents and making them see the light, but rather because its opponents eventually die, and a new generation grows up that is familiar with it."<br /><br />"Science advances one funeral at a time."<br /><br />--Max PlanckAnonymoushttps://www.blogger.com/profile/04501940617030009190noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-41439883650794258152016-07-30T07:33:05.315-04:002016-07-30T07:33:05.315-04:00We have to remember that economics does not always...We have to remember that economics does not always reject new thinking; DSGE was new, and unfortunately not rejected. Academic politics explains the problems; no sign that economic theory will improve. (There's a lot of economics beyond macro theory; about as useful as any other current academic discipline.)Brian Romanchukhttps://www.blogger.com/profile/02699198289421951151noreply@blogger.com