Tag Archives: National Bureau of Economic Research

In death, there is life

the-economist-logoMAX PLANCK, the inventor of quantum theory, once said that science advances one funeral at a time. He meant—or, at least, is presumed to have meant—that the death of a dominant mind in a field liberates others with different points of view to make their cases more freely, without treading on the toes of established authority. It might also rearrange patterns of funding, for they, too, often reflect established hierarchies…

This article first appeared in The Economist on 26 March 2016. To continue reading, click here.