Topic - Charles Karelis

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  • Is economic theory wrong?

    It's an old question: Why are the poor poor? In particular, why would some people choose not to work, or to spend what little money they have unwisely?

  • Is economic theory wrong?

    It's an old question: Why are the poor poor? In particular, why would some people choose not to work, or to spend what little money they have unwisely?

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Quotations
  • But Mr. Karelis must show his ideas (a) explain real life and (b) can help sculpt successful policies.

    Is economic theory wrong? →

  • In the highly theoretical "The Persistence of Poverty," George Washington University philosophy professor Charles Karelis claims he's found that elusive piece.

    Is economic theory wrong? →

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