A remarkably distinguished group of economists gathered last weekend for the inaugural conference of the Institute for New Economic Thinking, an initiative of George Soros. They were soul searching over the failures of economics in the recent crisis. Such failures are most evident in two areas: the inadequacies of the efficient market hypothesis, the bedrock of modern financial economics, and the irrelevance of recent macroeconomic theory.
4月的第二個(gè)周末，一群非常杰出的經(jīng)濟(jì)學(xué)家匯聚一堂，參加了由喬治?索羅斯(George Soros)倡議的新經(jīng)濟(jì)思維研究所(Institute for New Economic Thinking)創(chuàng)立大會(huì)。面對最近這場危機(jī)中經(jīng)濟(jì)學(xué)的失敗之處，他們捫心自問。失敗在兩個(gè)領(lǐng)域最為明顯：現(xiàn)代金融經(jīng)濟(jì)學(xué)的基石——有效市場假說的失效，以及近代宏觀經(jīng)濟(jì)學(xué)理論的無用。
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