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12/05/2011

Michael Blastland goes to the Chicago Mercantile Exchange to look at the history of economics. Does economics, with its language of 'laws' and 'models' create a false impression of precision?

In todays programme Michael Blastland is on the trading floor of the Chicago Mercantile Exchange. He goes back to basics to look at the history of economics. Does economics, with its language of 'laws', 'models' and 'forces', create a false impression of precision? Why, despite decades of mechanical economics, do answers to some of the biggest economic questions still elude us?

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18 minutes

Last on

Thu 12 May 2011 11:32GMT

Broadcasts

  • Thu 12 May 2011 07:32GMT
  • Thu 12 May 2011 11:32GMT

Podcast