Big Economic Ideas (The Economist)

Big economic ideas: Breakthroughs and brickbats published by The Economist (7/2016). “It is easy enough to criticise economists: too superior, too blinkered, too often wrong. Paul Samuelson, one of the discipline’s great figures, once lampooned stockmarkets for predicting nine out of the last five recessions. Economists, in contrast, barely ever see downturns coming. They failed to predict the 2007-08 financial crisis.”

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