Economist J. W. Mason: “When We Turn to Concrete Economic Questions, There Isn’t Really a ‘Mainstream’ at All.”

There is a mix of common-sense opinions, political prejudices, conventional business practice, and pragmatic rules of thumb, supported in an ad hoc, opportunistic way by bits and pieces of economic theory.

“I don’t see…any method…at all.” By J. W. Mason I’ve felt for a while that most critiques of economics miss the mark. They start from the premise that economics is a systematic effort to understand the […]

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