2 thoughts on “There are few things in positive economics that are settled – except that there are few things that are settled”

  1. Posted 22/03/2016 at 21:30 | Permalink

    Excellent analysis. I wish there was more of this reported on by mainstream business journalists

  2. Posted 23/03/2016 at 13:23 | Permalink

    Part of the problem is that the media both select those guests who are willing to take the most extreme position, and push it most strongly, and that individuals (responding to this) are inclined to over-state their case so as to get the publicity.

    It is also true that, in a five minute debate in front of a generalist audience, nuance is not conducive to winning the audience over.

    Nonetheless, professional integrity demands that one at least acknowledge the existence of contradictory evidence.

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