Nobel Prize
October 9th 2006 @ 12:25 pm General Economics

Goes to Edmund Phelps. Here is a typically thoughtful analysis of tax rates and labour participation, in an article that warns of the dangers of economists pursuing ideas incompletely and without sufficient evidence.

His name didn’t appear on most lists. What does that tell about the reliability of economists’ predictions?

And how quick on the ball was wikipedia?

-william
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