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BRUNO BARROS'ECONOMICS ISSUES WEB SITE |
| In 1999 the venerable Economist magazine,
in a lead article, castigated the economics profession for its apparent
inability to make much progress in policy-oriented economic development theory
and the consequent magnitude of poverty and environmental degradation.
This critique is certainly justifiable, at least partially.
There are some who believe that simply unleashing the power of markets, not the heavy hand of state or multilateral policies, is the key to solving almost all, if not all problems. For those of us who regard ourselves as fairly capable students of economics the truth probably lies somewhere in between. This website was built to support my economics class, but I hope that it will also highlight the issues that will help in understanding the context of the debate. |
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