Monday, August 26, 2013

Jared Bernstein — Is Economics a Science? (Spoiler alert: Nope…)

There’s irony to all this. The most useful economists today are the ones who can most clearly see through pseudo-scientific evidence purporting to show that unfettered markets will self-regulate and that interventions will do more harm than good. In this regard, our best economists are the ones who look upon today’s economic science with a very jaundiced eye.
On the Economy
Is Economics a Science? (Spoiler alert: Nope…)
Jared Bernstein | Senior Fellow, Center on Budget and Policy Priorities

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