“The method of practicing economic science creates a
professional ethic of studied myopia. Apprentice economists are relieved of the
need to learn much about the complexities of human motivation, the messy
universe of economic institutions, or the real dynamics of technological
change. Those who have real empirical curiosity and insight about the workings
of banks, corporations, production technologies, trade unions, economic history
or individual behavior are dismissed as casual empiricists, literary historians
or sociologists, and marginalized within the profession. In their place
departments are graduating a generation of idiots savants, brilliant at
esoteric mathematics yet innocent of actual economic life.” Robert Kuttner, economist
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