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There are divisions between some major economic theorists who aren't just pundits. For example, read some of the disagreements between Nobel Prize Winners like
by jljljl 13y ago
There are divisions between some major economic theorists who aren't just pundits. For example, read some of the disagreements between Nobel Prize Winners like Robert Lucas and Paul Krugman.
Of course, disagreement in a field has nothing to do with the validity or science like nature of the field itself. Consider, for example, the disagreements between Gould and Dawkins in the field of biology. Does this mean biology is not a science?
- Mikeb85 13y agoI never said there are no disagreements, only that they are less extreme than critics of economics would have us believe. While Krugman and Lucas seem to have some sort of personal beef, their 'philosophies' aren't that far off (Old Keynesian vs. New Keynesian economics) when you consider disagreements in other fields... I'm also sure that you'd find even more agreement between say, Ben Bernanke and Mark Carney.