Is Scholarship an Activity of the Past?
Paul Craig Roberts- Is Scholarship an Activity of the Past?
I recently received the alumni newsletter from the department of economics, Oxford University. When I was at Oxford there was no economics department. There were two university professors of economics. One was John R. Hicks, a theorist, who was awarded the Nobel prize in economics, and John Jewkes, an empirical economist who researched real industries instead of theorizing about them.
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