Jon N. Hall: March 2009 Archives

The Limitations of Economics - Part 2

Continued from Part 1... Neither economics nor any of the other "social sciences" have achieved anything that even begins to compare with the undeniable triumphs of the "hard sciences". But then the social sciences can't be expected to have the... Read More

The Limitations of Economics - Part 1

Not so very long ago we often heard this: "The business cycle has been repealed." Economics, it was suggested, was such a complete, mature science that the experts could engineer "soft landings," sparing us the pain of recession and the... Read More

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