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Reply #2: In my first economics course... [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009)

TreasonousBastard

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Sun Jun-11-06 12:40 PM
Response to Original message

2. In my first economics course...

the chairman of the department opened up with a lecture saying that everything we were to learn in micro was pure bullshit, and just doesn't work in the real world. But, like Newton's understanding of gravity, it was all we had till the next wave of geniuses comes along.

He said that there were a few valuable things to learn in some other courses us eco majors would take, but most of it depended on pure, theoretical conditions that just never exist.

He invited us to work on something that actually works, and promised a Nobel was waiting for whoever did it.

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