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Economists often do not agree with one another. The differing predictions of macro-economic models compete for the attention of headline writers, the conflicting views of advisors can compromise the political stability of governments, and the heads of academic theorists seem, on occasions, not so far removed from the pages of that popular literary genre - the campus novel.
About the Author
Professor Martin Ricketts is Professor of Economic Organisation and was formerly Dean of the School of Humanities at the University of Buckingham. He is also Chairman of the IEA’s Academic Advisory Council. He has a DPhil from the University of York (1980) and was Research Economist at the Industrial Policy Group from 1970 to 1972 under the direction of John Jewkes. He was Research Fellow at the Institute of Social and Economic Research, University of York (1974–77). He has published in professional journals on the new institutional economics, the theory of the firm, entrepreneurship, public choice, aspects of public finance and housing policy, and has authored several books. He was Economic Director of the National Economic Development Office (1991–2).