Take a look at the great series of essays, by Kindleberger.
Economists, among all so called 'experts', need 'history', and not just 'economic' history, as a correction, the worst possible way.
One might say, with real truth, that economics fails as an independent discipline, and really is a sort of statistical, clerical, menial, tool box, at best.
Take a look, for example, at Kindleberger's comments, re Hawley-Smoot, in this collection, chs 8,11........
His very thinly veiled sarcasm for so-called 'explanations' re Hawley-Smoot, for the origin of the great depression....
Even the distinction between Keynsian and Monetarism, the title, an open attack on a mickey mouse two dimensional opposites approach.
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