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The failure of the department of Economics

(10/20/16 5:00am)

This May, nearly two-hundred students will saunter across Duke’s graduation stage with degrees in Economics. Yet ask these students what they know of Say or Ricardo, or of Marshall or Walras, and you will have them at a loss. Ask them of the Neo-Classicals or of the New Keynesians, of the “Critique” by Lucas or of the Saltwater-Freshwater rift that he spawned, and they will be scratching their heads.