The Dreaded Specter Of Nihilism In Economic Theory
by Philip Pilkington
Article of the week from Fixing the Economists
There’s a funny point on which almost all economists that I’ve come across agree upon – from neoclassical to Marxian to Post-Keynesian. And that is that something which they call “nihilism” must be avoided at all costs. Let us first try to pinpoint what exactly this so-called nihilism is. A good starting point is Marc Lavoie’s seminal Post-Keynesian Economics: New Foundations.
Source: http://econintersect.com/pages/analysis/analysis.php?post=202009030003
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