The Collective Stupidity: Economics as Fiction

March 22, 2008
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By Peter Walsh “But the trouble continued to spread over the country, and there were reports of big concerns, and even banks, in trouble.” — Upton Sinclair, Oil! (1927) No doubt there are still those who think economics is a dull, plodding technical field, akin to accounting, which pale men in green eyeshades practice somewhere…

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