A critique yours truly sometimes encounters is that as long as I cannot come up with some own alternative to the failing mainstream theory, I shouldn’t expect people to pay attention.
This is however to totally and utterly misunderstand the role of philosophy and methodology of economics!
As John Locke wrote in An Essay Concerning Human Understanding….Science is a competition of ideas in an arena where evidence is the final arbiter.
Lars P. Syll’s Blog
My philosophy of economics
Lars P. Syll | Professor, Malmo University
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