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John Kay: Consistency and Rigor (1/5)
Автор: New Economic Thinking
Загружено: 2012-01-30
Просмотров: 867
Описание: In part one of this INET interview, John Kay suggests that consistency and rigor have become the requirements of modern economics. However, these requirements have forced economists to use only deductive reasoning to remain the pretense of being "scientific." These simplifying assumptions and resulting models are not themselves a bad thing, but when they replace human judgment, then the result is, in fact, unscientific, in the real sense of the word.
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