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Economist defends economists.(Letter to the editor)
American Prospect, The, May, 2007 by Holzer, Harry J.
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WHEN DID THE AMERIcan Prospect decide to become so hostile to the views of economists--even progressive ones--like myself?. (Full disclosure: I was a member of the Clinton administration in the late 1990s, as chief economist of the U.S. Department of Labor.)
Barry Lynn's attack on our profession ["Why Economists Can't See the Economy," April] is long on nastiness but short on accuracy or evidence. Contrary to his claims, very few economists really believe that competition and markets are perfect--and our textbooks are filled with other models that stress imperfect and ...
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