Tuesday, May 17, 2011

James K. Galbraith On What Ails Economics

Prof. Galbraith mentions economics at UMKC.

h/t Rober Vinneau of Thoughts On Economics, who asks, "Is there any other discipline in which members treated as on the fringe have so many with such credentials?"

UPDATE: Doug Smith, Shock Therapy for Economics, Part I is a must read. In fact, I rate it an all-time great. Even mentions "modern monetary theory."

1 comment:

Matt Franko said...

Galbraith: "Krugman is now doing something else" Agree, political editorializing, and it is corrupting his vision.

Smith: "What the h is Larry Summers doing at an event called 'new economic thinking'?" Also agree.