The role of economic science in an era of global power dynamics
AI summary · 1 min read
1 min readFrom 1 outlets- Liyanage questions economics’ capacity to help address current structural crises.
- He recounts an anecdote about Queen Elizabeth II asking economists to explain the 2008 financial crisis.
- He presents concerns from Richard G. Lipsey, Milton Friedman and Mark Blaug about mathematics dominating economic research.
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