Tuesday, March 2, 2010

Is the Dismal Science Really a Science?

Great quote from Russ Roberts in the weekend edition of the Wall Street Journal under the headline above:
"Economics is a powerful tool, a lens for organizing one's thinking about the complexity of the world around us. We should be honest about what we know, what we don't know, and what we may never know. Admitting that publicly is the first step towards respectability."

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