mandag 14. september 2009

Tid for ydmykhet

Samfunnsøkonomene forvekslet matematisk eleganse med sannhet, skriver Paul Krugman:

Economists will have to acknowledge the importance of irrational and often unpredictable behavior, face up to the often idiosyncratic imperfections of markets and accept that an elegant economic “theory of everything” is a long way off. In practical terms, this will translate into more cautious policy advice — and a reduced willingness to dismantle economic safeguards in the faith that markets will solve all problems.

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