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RG4 History, Methodology, and Economic Theory

Summary:
Fourth Readers Guide for online course on History of Central Banking (see bit.ly/iw2gh for details). This explain how economics adopted methodology of physics, going for universal laws, and forgetting history. This has led to disastrously bad theories. We can create a vastly superior approach by taking into account historical context, and using more qualitative and ...

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Fourth Readers Guide for online course on History of Central Banking (see bit.ly/iw2gh for details). This explain how economics adopted methodology of physics, going for universal laws, and forgetting history. This has led to disastrously bad theories. We can create a vastly superior approach by taking into account historical context, and using more qualitative and humanistic methodology. For a writeup, see: http://bit.ly/wp0rg4


Asad Zaman
Physician executive. All opinions are my personal. It is okay for me to be confused as I’m learning every day. Judge me and be confused as well.

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