Monday, February 28, 2005

a guide to what's wrong with economics


economics, originally uploaded by John Barleycorn.

A guide to what's wrong with economics - isn't that a great name for a book? So right to the point! It's published by the Post-Autistic Economics Network. Check them out! Excellent science that challenges the neo-liberal ideology and its rule over the world.

"Modern economics is sick. Economics has increasingly become an intellectual game played for its own sake and not for its practical consequences for understanding the economic world. Economists have converted the subject into a sort of social mathematics in which analytical rigour is everything and practical relevance is nothing."
Mark Blaug (who is he?)

"[Economics as taught] in America's graduate schools... bears testimony to a triumph of ideology over science."
Joseph Stiglitz (who is he?)

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