New in books – Amar Bhide, A Call for Judgment: Sensible Finance in a Dynamic Economy

Amar Bhide has an important new book out, A Call for Judgment: Sensible Finance in a Dynamic Economy.

Bhide’s home page has lots of information on the book, including a PowerPoint presentation and a podcast.

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[Economists] often forget that the data [which are assumed as 'givens' in their mathematical equations] are purely fictitious, are not available to any single mind, and therefore do not really lead to an explanation of the process we observe. — F. A. Hayek

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