Economics – where are we?
I write as an amateur in economics. By that I mean that no-one has yet paid me for my views on economics, nor do I have any formal qualifications in the subject. But anyone who has been paying attention can see that the whole area of economics is in a strange state at the moment. On the one hand we have brilliant technical people writing papers – mostly in universities, but sometimes in ‘think tanks’ or ‘quangos’ – on something they call Economics; on the other hand most comm