Mark Blyth, professor at Brown University, notes that traditional economic theory has a tendency to completely ignore politics. However, the two are intimately intertwined, and economists should look at both when making decisions. Interviewed by Daniel Erasmus at King's College, April 2010.
We would say that the "models" are only a justification.
Politics just consume justifications.
And THAT is a problem!
dulacblw 1 year ago
The great success of the right is to convince people that politics is somehow divorced from other parts of human activity. When in fact there is nigh on NOTHING that is not affected by politics. Economics, especially but by no means exclusively, macroeconomics, is a classic case of this.
jackharrybill 1 year ago 2