Wednesday, August 26, 2015

Peter Radford — Mea Culpa: Storytelling Part Two

Another must read from Peter Radford about the foundations of economics. As he observes, these involve life and death issues because economics is not only descriptive but also performative, especially when it is policy-oriented and the wrong story can lead to disaster.

The Radford Free Press
Mea Culpa: Storytelling Part Two
Peter Radford


Random said...
Tom Hickey, what is your view on this?

Tom Hickey said...

While I agree in principle, I recognize that contextually it is utopian idealism.

This is one of the paradoxes of liberalism. "Why can't we all just get along."