Monthly Archives: September 2009

7 posts

Bookmarks for September 1st through September 8th

These are my links for September 1st through September 8th: How Did Economists Get It So Wrong? – – What happened to the economics profession? And where does it go from here? As I see it, the economics profession went astray because economists, as a group, mistook beauty, clad in impressive-looking mathematics, for truth. Until the Great Depression, most economists clung to a vision of capitalism as a perfect or nearly perfect system. That vision wasn’t sustainable in the face of mass unemployment, but as memories of the Depression faded, economists fell back in love with the old, idealized […]