A few days ago at Quartz.com Allison Schrager posted The single most important thing an economics course can teach you. It never becomes entirely clear what the single most important thing is. But it is possible that it is the need to study economic history alongside economy theory, […]
Last week I found myself discussing – indeed partially defending – economics in the face of somewhat indiscriminate accusations of “neoliberalism”. I have no doubt that some economists – while rarely self-defining as “neoliberal” – find themselves in sympathy with the political project that is usually signified by […]
Several econ bloggers have had things to say over recent days about the distinctions between mainstream and heterodox economics. It’s a discussion topic that carries a cast iron guarantee of raising the blood pressure of everyone involved. It’s one I’ve blogged about several times previously, but not for […]
The spectrum of response to this week’s Post-Crash Economics Society report on economics education – or their more specific proposal on a module panics and bubbles – has been intriguing, if not entirely unexpected. Some economists have welcomed the students’ aspirations for greater critical engagement with the material […]
Since the Global Financial Crisis questions have been asked about the adequacy of dominant approaches to economic analysis. Are they sufficient to help us understand the economy or do they need supplementing or reformulating? This is an important question for policy not simply because of the debate over […]
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 […]
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