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Economics: Science or Cult?.

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• What kinds of assumptions does Economics make about the rationality of individuals? 

With the recent global economic crisis, many people wonder if our economic policies are built on sound principles or on dubious, unscientific claims. What kinds of assumptions does Economics make about markets and the behavior of producers and consumers? How, if at all, are those claims empirically verified? Or are they just speculative theories proven false by the current crisis? John and Ken pursue their rational self-interest with Alex Rosenberg from Duke University, author of Economics: Mathematical Politics or Science of Diminishing Returns?

Other Great Programs from Philosophy Talk:

- Making Decisions
- Money and Morality
- Humans: The Irrational Animal

Product Information:

Media TypeAudio
Number of Programs1
FormatMP3

Programs:

Program Title Duration
Economics: Science or Cult? 49:23
Total Time 49:23

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