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The Case against Pluralism in Economics - Foundation for Economic Education

There is a case for considering alternative points of view. John Stuart Mill argued that debate over ideas leads to intellectual progress. Even defense against an “incorrect” theory prods defenders of correct theories to think carefully and critically about their own beliefs. Of course, debate always uses up time, and using time is costly. Would inclusion of heterodox perspectives in contemporary economics classes be worthwhile?
John Stuart Mill William Bennet Milton Friedman Friedrich Hayek Trump Administration Tufts University
Source: fee.org

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The intellectual retreat

Science has advanced but has philosophy retreated to the ivory tower? Economists and historians are taking an ever more visible role in public life but why not philosophers? One of the profound questions that philosophy raises is the question of how one ought to live. Have philosophers and thinkers abandoned their traditional role as critics […]
New York United States United Kingdom Susan Jacoby John Stuart Mill Umberto Eco
Source: island.lk

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