The dismal science

Return To All Posts
  • 08/07/2024

    The dismal science

    Industrial Policy Is a Nostalgic Pipe Dream by James K. Galbraith – Project Syndicate

    As I have written before, a consensus of economists – even well-meaning progressives – is a dangerous thing. Consensus, by its nature, is the enemy of consistency and logic

    I would add: no truly intelligent system should be 100% consistent