Sunday, January 25, 2009

Refuted economic doctrines

Now here's a countdown!

What "truths" has the global economic crisis rendered crap?

Professor John Quiggin is up to Number 4 and still counting.

Refuted economic doctrines #1: The efficient markets hypothesis

Refuted economic doctrines #2: The case for privatisation

Refuted economic doctrines #3: The Great Moderation

Refuted economic doctrines #4: Individual retirement accounts

Enjoy!

2 comments:

phil said...

He's on a roll, to be sure.

I hope the final one in the series is "There is no alternative."

KitchenSlut said...

I think he looked far less ugly with a beard?

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