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comment by b_b
b_b  ·  4959 days ago  ·  link  ·    ·  parent  ·  post: RutherfordGate: Historian Responds to President Obama’s Hayes Slur
That's why Galbraith coined the term "conventional wisdom". It was meant to be a pejorative for things people believe without testing or thinking about or researching. He was talking specifically about economics, but of course it applies to all aspects of knowledge.


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cliffelam  ·  4959 days ago  ·  link  ·  
My degree is, actually, in the dismal science. I like how you can wish away the world with "ceteris paribus" - good to see that the nobel prize committee, when they aren't slapping America with the Peace medal, is going after economists who model the real world.

Agree with you 100% on JKG.

--XC

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b_b  ·  4959 days ago  ·  link  ·  
The peace prize should be done away with. Look at the list of winners. There are a lot of great and worthy people, and then there are Arafat and Kissinger; it lacks credibility.
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cliffelam  ·  4959 days ago  ·  link  ·  
Well, Kissinger did yeoman work with Tho in Paris. It may have helped that Nixon was Linebackering the NV and their Easter Offensive pooped out. :-)

A widely misunderstood conflict. My kids "history" book is shamefully inaccurate.

_XC

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