Six Refuted Doctrines*

John Quiggin

Economic Papers, 2009, vol. 28, issue 3, 239-248

Abstract: This article examines six widely‐held doctrines concerning economic theory and economic policy that have been refuted, or at least rendered highly problematic by the global financial crisis, namely: (i) the efficient markets hypothesis; (ii) the Great Moderation; (iii) central bank independence; (iv) trickle down; (v) the case for privatization; and (vi) individual retirement accounts.

Date: 2009
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Citations: View citations in EconPapers (6)

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https://doi.org/10.1111/j.1759-3441.2009.00027.x

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Working Paper: Six refuted doctrines (2009)
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