Economic history is rarely taught in universities these days. This is a pity, since it is a better guide to policymaking than Nobel Prize winning theses in economic theory. As a result, every two generations or so we are destined to repeat serious policy mistakes. In Britain the Truss government failed to study the Barber Boom of 1972-73 and arguably the world’s central banks too have failed to learn from the oil price shocks of 1973 and 1980.
大學(xué)現(xiàn)在已經(jīng)很少教經(jīng)濟史了。這實在有些遺憾,因為它比那些獲得諾貝爾獎的經(jīng)濟學(xué)理論論文能更好地指導(dǎo)政策制定。于是這導(dǎo)致我們每兩代人左右就必定會重復(fù)嚴重的政策錯誤。在英國,特拉斯(Truss)政府未能研究1972-73年的“巴伯榮景”(Barber Boom),而世界各國央行可以說也未能從1973年和1980年的油價沖擊中吸取教訓(xùn)。