Falsification

In a recent New Yorker, John Cassidy spends time with a number of influential economists at the University of Chicago, home to the Chicago School and its emphasis on the productive efficiency of free markets. Obviously, the financial maelstrom of the last few years has led many to question this premise, at least in its strongest form. How have these economists reacted? If you read my recent article in Wired on the psychology of failure, you probably aren't too surprised to learn that Cassidy ...