Economia
Fracasso da teoria econômica padrão (mainstream)
The End of Mainstream Economics
March 25, 2009 2:51 PM by Joseph Salerno
This transcript is a translation of the first part of Egill Helgason's interview of Gunnar Tómasson, a former IMF economist, on Icelandic state television's "Silfur Egils" on February 1, 2009.
(The video is available on YouTube.)
Although Tómasson does not identify himself as an Austrian, the interview is wonderful and comes down on the right side of almost every issue. He names names and blames both Paul Samuelson and Milton Friedman for the positivist and mathematical orientation of mainstream economic theory, which he argues is the underlying cause of the current breakdown of the global monetary and financial order.
FULL TRANSCRIPT
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