About the state of economic science, and advice from a famous economist

Summary:  an economist explains the current state of the science of economics, and then Bruce Bartlett repeats to us the most-famous modern economist’s advice about a similar situation. Excerpt from a post by Prof Brad DeLong (Economics, Berekeley) at his blog Grasping Reality with Both Hands.  It is so perfect that it needs no elaboration: The problem is that economic theory …

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