Re:Things Economists Agree On
by SkyMarshal on Saturday October 30, 2010 @05:31PM
(#1851856)
I would add that academic econ should put more focus on what is not known and may not be knowable as well. Learn to accept and work within and around that constraint, rather than try to assume it away.
Additionally, academic econ favors optimization and efficiency at the cost of robustness and self sufficiency. It would be in the best interest of the country to reverse that, or at least strike a more healthy balance.
Additionally, academic econ favors optimization and efficiency at the cost of robustness and self sufficiency. It would be in the best interest of the country to reverse that, or at least strike a more healthy balance.