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that is what economics actually is?

"It Can't Be Just About Us"
--Frank Schnittger, ETian Extraordinaire
by papicek (papi_cek_at_hotmail_dot_com) on Mon Dec 15th, 2008 at 07:47:04 AM EST
[ Parent ]
Maybe that's what it should be...

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith
by Migeru (migeru at eurotrib dot com) on Mon Dec 15th, 2008 at 07:52:39 AM EST
[ Parent ]
maybe even most of it, is equilibrium relationships.  Dynamics doesn't enter in much.
by tjbuff (timhess@adelphia.net) on Tue Dec 16th, 2008 at 09:14:10 AM EST
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Isn't that just what economists would like it to be about?
by Colman (colman at eurotrib.com) on Tue Dec 16th, 2008 at 09:21:38 AM EST
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Sure makes the math easier.
by tjbuff (timhess@adelphia.net) on Tue Dec 16th, 2008 at 09:27:09 AM EST
[ Parent ]

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