In the 1990s, Paul Krugman, later to win the Nobel prize for his work on trade, wrote: ‘There is nothing that plays worse in our culture than seeming to be the stodgy defender of old ideas, no matter how true those ideas may be. Luckily, at this point the orthodoxy of the academic economists is very much a minority position among intellectuals in general; one can seem to be a courageous maverick, boldly challenging the powers that be, by reciting the contents of a standard textbook.’
Rebel with a cause
Rebel with a cause
Rebel with a cause
In the 1990s, Paul Krugman, later to win the Nobel prize for his work on trade, wrote: ‘There is nothing that plays worse in our culture than seeming to be the stodgy defender of old ideas, no matter how true those ideas may be. Luckily, at this point the orthodoxy of the academic economists is very much a minority position among intellectuals in general; one can seem to be a courageous maverick, boldly challenging the powers that be, by reciting the contents of a standard textbook.’