Thursday, April 26, 2012
Endless speculation about the presidential campaign has the effect of corroding the brain, I find. As a refreshing change, I shall in a few days start a four part post of an essay I wrote some years ago explaining what I think is the fundamental inadequacy of contemporary mainstream economic theory. It is actually a talk I gave at Williams College twenty-five years ago, when I was moonlighting a course on political theory there. I hope it will be of some interest to regular readers of this blog.