Copernican Economics

Why the “dismal profession” is still more creed than science

Image credit: AstroU Montreal

Economics is nominally the study of how economies function. As economies consist of large numbers of quasi-independent actors providing and consuming a wide range of inputs and outputs, it’s clearly infeasible even with today’s powerful computers to attempt to capture and model every single element and interaction within a modern economy. Economists therefore, just…

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Allan Milne Lees

Anyone who enjoys my articles here on Medium may be interested in my books Why Democracy Failed and The Praying Ape, both available from Amazon.