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I agree. There have been great advances in the last 40 years. There is the need to distinguish between honest economists and those who have assumed a conclusion
by acover 9y ago
I agree. There have been great advances in the last 40 years. There is the need to distinguish between honest economists and those who have assumed a conclusion. Basically the equivalent of creationists. It's unfortunate that in economics it's so hard to distinguish the two.
Does classic economics describe commodity markets well under normal situations?