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 TwoPeter Radford
http://bleedingheartlibertarians.com/2015/08/how-krugman-dehumanizes/
ReplyDeleteTom Hickey, what is your view on this?
While I agree in principle, I recognize that contextually it is utopian idealism.
ReplyDeleteThis is one of the paradoxes of liberalism. "Why can't we all just get along."