stagflation.
-Original Message-
From: fabio guillermo rojas [mailto:[EMAIL PROTECTED]]
Sent: Thursday, January 30, 2003 5:32 PM
To: [EMAIL PROTECTED]
Subject: Economic anamolies and Kuhn
I'm teaching a course on the sociology of science and we read Kuhn's
structure of scientific revolutions. FYI, Kuhn says that science is
characterized by paradigms - most science works from basic assumptions
justified by model achievements. Scientific change occurs when anamolies
- observations contradicting theory - undermine the paradigm and new
ideas are adopted.
Can someone provide me an example of an anamoly from the recent history of
economics that led to a fundamental change in economic theory?
Fabio