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Como Portugal marcou o pensamento de Krugman
21 Outubro 2008
“In the summer of 1976 I got a first taste of the policy world myself, as part of a small group of MIT students sent to work for the central bank of Portugal for three months. At the time Portugal was in considerable chaos, in the aftermath of a revolution and an attempted coup; much of the challenge was simply to figure out what was going on. What I learned from that experience was the power of very simple economic ideas and simultaneously the uselessness of theories that cannot be given operational content. In particular, my experience in a country in which it was a major challenge even to decide whether output was rising or falling gave me a lasting allergy to models that tell you that a potentially useful policy exists without giving you any way to determine what that policy is”. Excerto do texto INCIDENTS FROM MY CAREER, do recente Prémio Nobel, para o qual nos chamou a atenção o Economia e Finanças
— e.conomia.info
