Baroque Fantasies of a Peculiar Science
Comment by an eminent physicist about the state of modern economics. EC4333 and EC6101 students should read this carefully.
“There is no other “science” in such a peculiar state. A demonstrably false conceptual core is sustained by inertia alone. This core, “the Citadel”, remains impregnable while its adherents fashion an increasingly baroque fantasy. As Alan Kirman, a progressive economist, said: “No amount of attention to the walls will prevent the Citadel from being empty.””
