Can I quote you on this ? :>)
Sounds like Michael Perlman's critique of the feigning at mathematics of bourgeois economics.
And Capitalism is a capital crime.
Charles
>>> Doug Henwood <dhenwood at panix.com> 01/23 1:14 PM >>>
Henry C.K. Liu wrote:
>I would like to hear your reaction to the NYTime article as a professional.
I'm not a professional economist. I took 5 semesters of undergraduate economics. I do read a fair amount of the economics literature, but decidedly from the outside. My impression is that the discipline is technically elegant and intellectually bankrupt, completely lost in a specific kind of largely empty theorizing, lurching between irrelevance and apologetics. It's completely divorced from the rest of intellectual life - politics, psychology, sociology, history, culture, all of it. (Some feminist economists are an exception to this rule, I should say.) Uchitelle touches on some of this in his article, but he's still too kind, which is what you might expect from a New York Times reporter. I'm with Jim O'Connor, who says that economics is a criminal enterprise.
Doug