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Economy is similar (though perhaps not as horrible) - economic Nobel laureates have profound disagreements w.r.t. basic "laws" of economy.
by lgieron 11y ago
Economy is similar (though perhaps not as horrible) - economic Nobel laureates have profound disagreements w.r.t. basic "laws" of economy.
- listentojohan 11y agoOut of curiosity, could you give an example?
- lgieron 11y agoKeynes vs Hayek (well Keynes didn't get a Nobel, but is nevertheless regarded as a seminal thinker in the field) - their views on the role the state can and should play in shaping the economy are totally opposite. The debate is unresolved to this day, with Keynesians taking an upper hand post-2008.