Economics is the science of thinking in terms of models joined to the art of choosing models which are relevant to the contemporary world.That comes to my attention via David Colander, "The Death of Neoclassical Economics" (HT: Frances Woolley).
Tuesday, August 24, 2010
Keynes on the Science and Art of Economics
J.M. Keynes to Roy Harrod, July 1938:
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1 comment:
This site is great. The words is very useful to the economist.Thanks for your valuable contribution!
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