When the Dismal Science Was Brilliant
by Rona Foroohar
Sylvia Nasar explains the history of economic genius. We could sure use some.
The 20 century economists have done a good job, but their theories do not apply in today's post financial crisis. The writer says in conclusion, "As we enter an era of rising inequality and powere shifts that promises to be just as unsettling as the Industrial Revolution was, it's clear that economic genius is needed now more than ever.
I did not know that Charles Dickens's "A Chrismas Carol" called for new and more generous economic thinking. Now I understand how Scrooge helped the Cratchit and his family in the end of the story.
by Rona Foroohar
Sylvia Nasar explains the history of economic genius. We could sure use some.
The 20 century economists have done a good job, but their theories do not apply in today's post financial crisis. The writer says in conclusion, "As we enter an era of rising inequality and powere shifts that promises to be just as unsettling as the Industrial Revolution was, it's clear that economic genius is needed now more than ever.
I did not know that Charles Dickens's "A Chrismas Carol" called for new and more generous economic thinking. Now I understand how Scrooge helped the Cratchit and his family in the end of the story.
