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The financial crisis has fuelled a heated debate about the responsibility of financial economists. Critics such as Paul … Krugman, Robert Shiller or David Colander argue that financial economists have developed useless or even harmful theories … insights from philosophy of science to clarify the responsibility of financial economists. Financial economists have to …
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Born on December 29 1910 at Willesden (in a suburb northwest of London, UK), Ronald Harry Coase died on September 2, 2013 in Chicago (USA). He had lived a long 102 years, of which almost 50 spent in the USA, where he had migrated in the early 1950s and of which 80 were devoted to the...
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