Deus é grande

John Kay no Financial Times desta 4ª feira:
"The standard approach [to economics] has the appearance of science in its ability to generate clear predictions from a small number of axioms. But only the appearance, since these predictions are mostly false. The environment actually faced by investors and economic policymakers is one in which actions do depend on beliefs and perceptions, must deal with uncertainty and are the product of a social context. There is no universal economic theory, and new economic thinking must necessarily be eclectic. That insight is Keynes’s greatest legacy."
Não esperem que as escolas de economia corrijam os seus erros após o naufrágio dos últimos anos. A ciência lúgubre tornou-se num ramo da teologia. Deus - ou seja, o mercado - é grande, e está tudo dito.

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