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Time to reassess rationality

Geoff Riley

9th November 2009

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In today’s Times, Roman Frydman, Professor of Economics at New York University, and Michael D. Goldberg, Professor of Economics at the University of New Hampshire, argue that a much deeper debate is required about economists’ flawed theories of market “efficiency” and “rationality”, which have led economics and policy astray in the past decade. Read the article here.

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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