A meme with the title: Economic "Science": 100% discredited since 2008. Photo of Alan Greenspan (an older white man in a grey business suit) with the text: MR. GREENSPAN: (I found a) flaw in the model that I perceived as the critical functioning structure that defines how the world works, so to speak. REP. WAXMAN: In other words, you found that your view of the world, your ideology was not right. It was not working. MR. GREENSPAN: Precisely.

Economic “Science”

A meme with the title: Economic "Science": 100% discredited since 2008. Photo of Alan Greenspan (an older white man in a grey business suit) with the text:  MR. GREENSPAN: (I found a) flaw in the model that I perceived as the critical functioning structure that defines how the world works, so to speak. REP. WAXMAN: In other words, you found that your view of the world, your ideology was not right. It was not working. MR. GREENSPAN: Precisely.

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