The current crisis has triggered significant debate concerning economic theory and policy. Largely absent from this debate is an informed discussion of the methods used by economists in analysing the economy and formulating their proposals. But method matters. Here I argue that current academic...

It has been widely accepted that economic globalization is inevitable, and that globalization plays an increasingly important role in determining relative economic growth among countries. Considerable studies have addressed that increased in globalization or trade liberalization is directly or...