Seu time não vai bem? “Vira-casaca” torce pro meu!

Ensaio do Erwin Rosen (aqui), do Ludwig Von Mises Institute, pergunta:

What is the current state of economic science? In two words, “not good.”

No início

This is evident in the poor performance of the economics profession during the current financial crisis. Few economists saw it coming; once it started, its severity caught them by surprise; and now it is apparent that there is no agreement among them on how to end it.

No meio

For mainstream economists, the certain outcome of the current crisis will be the realization that macroeconomics needs a face-lift. As shown in this paper, the monetarist and Keynesian policies so influential in the United States are already being severely challenged.

A conclusão

I conclude my comments by hoping that this crisis forces the economics profession to take a fresh look at what Austrian economics can offer.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.