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As opposed to economics that knows its building partial models of idealised situations that don't directly apply to reality and have lots of shortcomings.
by Colman (colman at eurotrib.com) on Tue Nov 20th, 2007 at 02:56:10 PM EST
[ Parent ]
Huh. Haven't encountered that kind.

We have met the enemy, and he is us — Pogo
by Migeru (migeru at eurotrib dot com) on Tue Nov 20th, 2007 at 03:12:21 PM EST
[ Parent ]
It's what they give out Nobel prizes for. Or so I'm told.

I think it would be interesting to build a sane, bottom-up economics that has some connection to the real world and isn't just an excuse for ten different kinds of pathological and predatory empire building.

That would be a worthwhile thing. But it wouldn't look like any of the nonsense that's around at the moment.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Tue Nov 20th, 2007 at 06:04:34 PM EST
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