Re: The Top 10 Flaws of Neoclassical Economics
Posted:
Thu Mar 06, 2014 10:54 am
by The Dharma Bum
Pretty interesting interview. He hits the nail right on the head, without the benefit of hindsight, even. lol True baller.
I think neo-classical economics is pseudo-science, basically, and unquestioning adherence to its mistaken precepts is making our society blind to how the economic basis for society is decaying right out from under our feet.
Re: The Top 10 Flaws of Neoclassical Economics
Posted:
Thu Mar 06, 2014 2:11 pm
by gla22
A lot of economic assumptions made by political leaders are not science but dogma, Sir James was right and he is in the enviable position not to be beholden to any organization and he can speak without distortion.