Abstract
For a would-be science with no laboratory, whatever experiments nature provides carry great weight. For economics, and especially for macroeconomics, the experience of actual economies not only motivates ideas but also sometimes disconfirms them. When actual economic events are sufficiently compelling, they can even change long-established thinking or reverse the momentum of newer approaches just establishing themselves.
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© 1985 George R. Feiwel
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Friedman, B.M. (1985). Recent Perspectives in and on Macroeconomics. In: Feiwel, G.R. (eds) Issues in Contemporary Macroeconomics and Distribution. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-06879-1_11
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DOI: https://doi.org/10.1007/978-1-349-06879-1_11
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