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Kei-Mu Yi, Michael Sposi and Jing Zhang

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Kei-Mu Yi, Michael Sposi and Jing Zhang

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Paul W. Grimes

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Paul W. Grimes

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G. M.P. Swann

At the end of Chapter 12, I emphasised that the federation would contain all the existing areas of mainstream economics, including theory and econometrics. But my main objective in Part III has been to focus on the most important new sub-disciplines that we need in the federation. In principle, there could be many others. After all, there are over a hundred subdisciplines in the medical federation, most with a high degree of autonomy, even if it is fanciful to imagine an equivalent number in economics.

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G. M.P. Swann

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G. M.P. Swann

The physicists were shocked at the assumptions the economists were making – that the test was not a match against reality, but whether the assumptions were the common currency of the field. I can just see Phil Anderson, laid back with a smile on his face, saying, ‘You guys really believe that?’ W. Mitchell Waldrop

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G. M.P. Swann

When sociology students know more about financial crises than economics students, something is wrong – and not with sociology. Joe Earle, Cahal Moran and Zach Ward-Perkins