Tuesday, April 20, 2004

We think of the experiments of particle physicists and space explorers as being extraordinarily expensive, and so they are. But the costs are as nothing compared with the incomprehensibly huge resources that banks, industries, governments and international institutions ... have poured into tests of macro-economic theory. Never has a science, or supposed science, been so generously indulged. And never have experiments left in their wakes more wreckage, unpleasant surprises, blasted hopes and confusion... Jane Jacobs, CITIES AND THE WEALTH OF NATIONS

¶ Permalink 4/20/2004 07:20:00 PM

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