Published: September 25, 2008
Economist Available to Discuss Repercussions if Bailout Effort Fails
Newswise - Michael Goldberg, associate professor of economics at the University of New Hampshire Whittemore School of Business and Economics, is available to speak with journalists about the economic repercussions if the current bailout effort fails.
Goldberg is the author of "Imperfect Knowledge Economics," which argues that the longstanding empirical failures of conventional economic models stem from their futile efforts to make exact predictions about the consequences of rational, self-interested behavior. Such predictions disregard the importance of individual creativity and unforeseeable sociopolitical change, thus usually failing to predict how markets behave.
Source: University of New Hampshire
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