Does economics need a scientific revolution?
Economics does not need a scientific revolution. Economics needs accurate measurements according to high standards of natural sciences and meticulous work on revealing empirical relationships between measured variables.
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- Edward C. Prescott, 1998. "Business cycle research: methods and problems," Working Papers 590, Federal Reserve Bank of Minneapolis.
- Ivan O. Kitov, 2009.
"Mechanical Model of Personal Income Distribution,"
- Kitov, Ivan & Kitov, Oleg & Dolinskaya, Svetlana, 2008. "Comprehensive macro-model for the U.S. economy," MPRA Paper 9808, University Library of Munich, Germany.
- Kitov, Ivan & Kitov, Oleg, 2009.
"Unemployment and inflation in Western Europe: solution by the boundary element method,"
14341, University Library of Munich, Germany.
- Ivan Kitov & Oleg Kitov, 2009. "Unemployment and inflation in Western Europe: solution by the boundary element method," Papers 0903.5064, arXiv.org.
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