"Groupthink" was worse with both the Facists and Commies, but I agree with you that economics is rightfully known as the "dismal science".
For example, since WWII there have been double blind (often placebo controlled) experiments in medicine, but such experiments are not possible in economics.
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"Groupthink" was worse with both the Facists and Commies, but I agree with you that economics is rightfully known as the "dismal science".
Jul 29 12:02 pm
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All Comments by Charlie Stromeyer Jr »The "Science" of Monetary Policy [View article]
For example, since WWII there have been double blind (often placebo controlled) experiments in medicine, but such experiments are not possible in economics.