Roy Weintraub wrote:
>I'm confused. What does this have to do with the
>history of economics? Why would an historian of
>science care about which kind of reserve requirement is "best?
Possibly because there is no way to look at
history except through the lens of some theory?
There is not a free-floating "objective" history
"out there," but only particular accounts that
involve some particular interpretive stance?
Perhaps because in order to interpret the events
of 1929--or of 2009--one has to have some
conceptual framework? How can one pronounce on
how a system--say a monetary system--did work
without some idea of how it ought to work?
John C. Médaille