“Is mercantilism doomed to fail? China, Germany, and Japan and the exhaustion of debtor countries” by Paul Davidson at the Institute for New Economic Thinking’s (INET) Paradigm Lost Conference in Berlin. This video was indicated by Fernando Cardim de…
Is economics a science? Should economics be rigorous? by Paul Davidson. “Many mainstream economists (e.g., Lucas Cochrane) claim that the characteristics of a “science” require rigor, consistency, and mathematics…Efficient market theory possesses all these characteristics. So how is it…