Archive for the 'Controversies' Category

Orthodox Economics: No Need for More Science

Sunday, June 18th, 2006

Part and parcel of studying or having studied economics, whether at A-Level or in university, is being involved in an ongoing debate of whether economics is more art or science. But unlike many decades back, modern day detractors of orthodox economic principles (i.e. “standard economic theory”) no longer simply say that economics is too abstract […]

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