I mean, come on, how can we call ourself economists, if we have no clue about the history of our discipline?Yup. That went missing from introductory income theory years ago. Income-expenditure models and monetary policy make a bit more sense once one is aware of ideas such as the Labor Theory of Value and events such as the Railway Mania and the Great Depression.
6.12.04
WHERE DID ECONOMISTS COME FROM? A lament from Econ Yalie:
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