Archive for April 26th, 2012

The Bizarro World of Professor Sen »

Here is another of those head-scratchers, this one from Amartya Sen, about how neoclassical economics is partly responsible for the financial crisis because neoclassical economists hold that markets work “perfectly”: Since the crisis broke out the economics profession in general and mainstream economics in particular have been severely criticised. Do you think this is justified? The…
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