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?
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- Making Decisions
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- Humans: The Irrational Animal
Product Information:
| Media Type | Audio |
| Number of Programs | 1 |
| Format | MP3 |
Programs:
| Program Title | Duration |
|---|---|
| Economics: Science or Cult? | 49:23 |
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