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The gold standard is a great example of a disagreement - you cited a group that is probably dominated/biased by the Chicago School of Economics, and even then t
by jamez1 10y ago
The gold standard is a great example of a disagreement - you cited a group that is probably dominated/biased by the Chicago School of Economics, and even then there is no real consensus on anything there.
Economists are a lot closer to astrologists than astrophysicists, they agree when the notion is vague enough to not have any testable inferences.
For the large part thought fractures into schools and is built off broad ideas (government should intervene in business cycles, or government should never intervene, etc), and you might see agreement there.
- flukus 10y agoI don't think your too far off with the astrologists angle. So much of economic thought seems to boil down to "we went from A to B while doing X therefor X is responsible".