Re:Paul Krugman wins economics Nobel prize
by DanielBMarkham on Tuesday October 14, 2008 @06:47AM
(#332122)
Yes I am aware how that it is typical for the committee to cite works from decades ago.
That we're still debating Keynes and Smith indicate that economics is not like physics -- it has a long way to go. We certainly didn't debate Newton for a century: it was too obvious he was correct. There is lots of room for opinion. QED
That we're still debating Keynes and Smith indicate that economics is not like physics -- it has a long way to go. We certainly didn't debate Newton for a century: it was too obvious he was correct. There is lots of room for opinion. QED