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In Economics Departments, a Growing Will to Debate Fundamental Assumptions – New York Times July 11, 2007

Posted by islamicfinanceaffairs in Uncategorized.
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In Economics Departments, a Growing Will to Debate Fundamental Assumptions – New York Times

For many economists, questioning free-market orthodoxy is akin to expressing a belief in intelligent design at a Darwin convention: Those who doubt the naturally beneficial workings of the market are considered either deluded or crazy.

But in recent months, economists have engaged in an impassioned debate over the way their specialty is taught in universities around the country, and practiced in Washington, questioning the profession’s most cherished ideas about not interfering in the economy.

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