Suppose that an economist from a business school in Toronto argues that a government bailout of serverely distressed financial firms is unnecessary coz free markets will properly price assets, while another economist from a public TV program argues that without a bailout of serverely distressed financial firms, the economy will experience a deep recession.
The disagreement among these economists is due to a) differences in values , b) differences in perception vs reality , or c) differences in scientific judgement ?
The disagreement among these economists is due to a) differences in values , b) differences in perception vs reality , or c) differences in scientific judgement ?