Saturday, April 26, 2014
WORTH LOOKING AT
James offers this link to a discussion by the Oxford economist Simon Wren-Lewis of the dispute between orthodox economists and what he and Krugman and others called "heterodox" economists [i.e., anyone who doesn't think the Neo-Classical Synthesis is the Second Coming of Our Lord Jesus Christ.] I am locked in a death struggle at the moment to learn the viola part of the Handel-Halvorsen Passacaglia, a showy piece of music that is really beyond my capabilities, so I doubt I shall be able to get to the Wren-Lewis business today, but it raises very important questions, on which I offered some thoughts yesterday, so I shall try to comment on it soon. Meanwhile, if this sort of thing grabs you, you might take a look at Wren-Lewis' post and some of the quite interesting commentary that it elicited.