The past two years have not enhanced the reputation of economists. Mostly they failed to point out fundamental weaknesses of financial markets and did not foresee the crisis, and now they disagree on appropriate policies and on the likely future course of events. Although more economic research has been done in the past 25 years than ever before, the economists whose names are most frequently referenced today, such as Hyman Minsky and John Maynard Keynes, are from earlier generations.
過去兩年對於提高經濟學家的聲望沒有什麼幫助。主要原因在於，他們沒能指出金融市場的根本弱點，沒有預見到危機的來臨，現在他們又對適宜的政策以及未來事態的發展意見不一。雖然過去25年開展的經濟研究比以往任何時候都多，但如今引用得最多的經濟學家的名字——比如海曼•明斯基(Hyman Minsky)和約翰•梅納德•凱恩斯(John Maynard Keynes)——卻來自較早幾代人。
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