Economic Schools of Thought
Jul 17th, 2008 | By Lord William Rees-Mogg | Category: Macro Economics
There are two ways of studying economic theory. One approach is mathematical, and has been much enhanced by the computing power available to the individual economist. The other is historical and relies on the accumulated understanding of economic theory and practice.
The events of 2007 and 2008 have shown the limitations ...read more
