The failure of the economics discipline is old and ongoing

Posted: 2014/05/01 by Punkonomics (@dearbalak) in Links/Articles/Video
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Neoclassical and neo-Keynesian economics, though providing unlimited opportunity for the demanding niceties of refinement, has a decisive flaw. It offers no useful handle for grasping the economic problems that now beset the modern society.

John K Galbraith in his 1972 Presidential address to the American Economics Association

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