The Constrained Vision Unconstrained Vision

Ido: The economics profession over the last ten to 20 years really has changed quite a lot. Even within cut of the main stream of the profession, there's been a d emphasis on theory and not empirical research. I think your application of the soul framework r is quite apt in this case. ido: But you know, tom wolthing you. No. i'm exaggerating, but do you understand what i'm driving at, ido? Then i think you're on to something. Ido: There really aren't any economic laws. We have to start with a completely kind oforetical, experimental, empirical approach.