Economists Have No Clothes

James Buchanan

Rationality, Markets and Morals, 2009, vol. 0, issue 9

Abstract: Why have economists had so little meaningful to say about the 2008 crises? Where and when did the 'science' get off the track? Can anything be done to restore respectability to Economics as a useful area of inquiry? This short essay examines these questions.

Keywords: methodology of economics; financial crisis; economics as science (search for similar items in EconPapers)
Date: 2009
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