Is Economics a Science? | How & How NOT to Do Economics with Robert Skidelsky
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University
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Wayground Content
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The video explores the claim of economics to be a science, focusing on the concept of equilibrium. It discusses the role of mathematics in economics, the importance of equilibrium, and the challenges it faces. The video also examines self-interest as a driving force in market behavior and critiques the current status of equilibrium theory, highlighting the influence of historical cycles and the limitations of equilibrium models.
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