Recognizing that the boundaries of the market are ambiguous and cannot be determined in an objective way lets us realize that economics is not a science like physics or chemistry, but a political exercise... If the boundaries of what you are studying cannot be scientifically determined, what you are doing is not a science.
About This Quote
About Ha-Joon Chang, 23 Things They Don't Tell You About Capitalism
Ha-Joon Chang, 23 Things They Don't Tell You About Capitalism.
Themes
- Science — Discovery, inquiry, and the wonders of the natural world