A Bizarre Theory That All Economists Believe

Back when I taught Economics to gullible undergrads, and to even more gullible grad students, I posed a conundrum. (I couldn’t push it too hard for fear of heresy.) But it’s actually not that difficult if put in straightforward terms, so those who have not been afflicted with Economics courses should bear with me. It…… Continue reading A Bizarre Theory That All Economists Believe

Complexity Theory – On the Outside Looking In

I may sometimes give the impression that only mainstream economics exists, and that I’m the only rebel. Far be it from me to suggest that. There are many other economists, much more accomplished than I, who are working on alternative approaches. The problem is, they’re frozen out of the mainstream. I’ll talk about complexity theory…… Continue reading Complexity Theory – On the Outside Looking In