Showing posts with label folly. Show all posts
Showing posts with label folly. Show all posts
Thursday, 11 December 2008
How the 'Experts' Missed the Crash: Philosophical Flaws, No Sense of History
Unfortunately, Galbraith doesn't hold much hope that this crisis will change much the outlook for economists, noting they don't study history and many are "still in denial" about what's transpired.
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