Tag: Economic methodology

Academic economics, institutions and incentives

An interesting discussion about academic economics and its role in public life has sparked into life while I’ve been away (eg Simon here and here; Chris here and here). This discussion touches on many of the things that are closest to my academic interests – in particular, thinking about economics as a set […]

Bubble-talk

Warning about an impending housing bubble or denying that any signs of a bubble can be detected are popular media pastimes in the UK. Bubbles are bad. Bubbles shut people out of the housing market because property is unaffordable. Bubbles store up trouble for those who buy at […]

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 […]

The reopening of the economic mind?

Where is the revolutionary thinking in economics? That was one of the first questions posed by a speaker at the Festival of Economics held last weekend in a very damp Bristol. It is also one of the most pressing and the most intriguing. I was among the hardy […]