At http://feedproxy.google.com/~r/marginalrevolution/feed/~3/ycq8YZirYR0/is-economics-a-science-liquidity-trap-edition.html Marginal Revolution today, Tyler Cowen asks this question, does some research on empirical analyses of the existence (or not) of liquidity traps, and comes up with a conclusion in which I concur: economics is not a science of the researcher cares about the outcomes of the analyses.
By the way, apologies for any funky formatting; this is the first time I’m posting from my phone!