It seems to me, however, that it’s important to realize that the - TopicsExpress

It seems to me, however, that it’s important to realize that the enormous intellectual failure of recent years took place at several levels. Clearly, economics as a discipline went badly astray in the years — actually decades — leading up to the crisis. But the failings of economics were greatly aggravated by the sins of economists, who far too often let partisanship or personal self-aggrandizement trump their professionalism. Last but not least, economic policy makers systematically chose to hear only what they wanted to hear. nytimes/2014/09/15/opinion/paul-krugman-how-to-get-economic-policy-wrong.html?_r=1

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