Tag: Economic analysis

Economics after the crash

One of the topics I’ve revisited regularly on this blog over the last three years is the nature of economic knowledge and economic analysis. I have brought together nineteen of these blogposts as a collection of essays on the philosophy, ethics and methodology of economics. The essays touch on questions […]

Seeking a post-crash economics

Mathematics brought rigor to economics. Unfortunately, it also brought mortis. Attributed to Kenneth Boulding From a couple of posts in the Guardian over the last week you could get the sense that the move to recast economics is gathering momentum. Last Thursday the emergence of the Post-Crash Economics […]

The maths question in economics

Over at Noahpinion last week a post on the role of maths in economics generated plenty of comment.* This followed the award of the “Nobel Prize” in Economics to Shapley and Roth for work that is, in almost anyone’s book, highly mathematical. Noah Smith identified a number of […]

Economics as a vaccine against economists?

On Friday a quote from the great Cambridge economist Joan Robinson was circulating on Twitter: Purpose of studying economics – to learn how to avoid being deceived by economists In fact, the full quote is: The purpose of studying economics is not to acquire a set of ready-made […]