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The Manichaean character of economics Charles Kindleberger Abstract Economics is said to have adopted a certain degree of dualism None of its tenets have been absolute in terms of social effectivity To survive in an economic system rules must be enforced to ensure the peace There are times when pluralism is good for a society as a way recognizing social differences However there are times such as war when the rule of a central authority is preferred Laws in economics are hardly permanent since such regulations are enacted and enforced only when the need arises Full Text COPYRIGHT 1999 ME Sharpe Inc Are there any absolute answers in economics This international trade economist and economic historian has his doubts The answer to most questions is It depends Manichaeus as we all know from the Oxford dictionary was a Persian philosopher of the third century AD whose system held some sway throughout the Roman empire
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