Share 'Towards a Critique of the Terms of Current Economic Analysis'

I’d like to discuss the terms with which economic debate and analysis is almost always undertaken. The catalyst for this particular essay was a discussion on NPR’s Morning Edition, October 29, 2009, between Steve Inskeep and John Ydstie. Inskeep and Ydstie were analyzing the latest economic growth figures and were questioning whether last quarter’s growth could be sustained. Despite some growth,…