Alexander Rosenberg is an American philosopher, and the R. Taylor Cole Professor of Philosophy at Duke University. He is also a novelist.

Economics: Science or Cult?

Economics: Science or Cult?

With the recent global economic crisis, many people are wondering if our economic policies have been built upon sound principles or upon dubious, unscientific claims. What kinds of assumptions does Economics make about markets and the behavior of economic agents? What kinds of assumptions does it make about the rationality of individuals? How, if at all, are those claims empirically verified? Or are they just speculative theories that have been proven false by the current crisis? What kind of predictive power should we expect Economics to have? John and Ken pursue their rational self-interest with Alex Rosenberg from Duke University, author of "Economics: Mathematical Politics or Science of Diminishing Returns?"

http://philosophytalk.org/shows/econo...

What science has to tell us about how we should live.

Talking Philosophy