Economics as the Third Culture?

September 8, 2014

Is economics a "third culture" the way Noah Smith suggests it is?

Is it sufficiently different that it deserves its own category apart from the humanities and the sciences?

Who cares?

Well, clearly Smith does. His article is interesting, though, more for what it shows us about the viewpoint of those who are trying to [more…]

More Self-Criticism

August 25, 2014

And while I am on the subject I see Krugman makes the case that "real economics", aka supreme belief in market magic, may well not be that real after all. Then he throws this in:
"Yes, much of micro can be derived rigorously from individual maximization plus equilibrium; but why, exactly, does that make it right?"
[more…]

Self Criticism in Economics

August 25, 2014

This is a bit of a rant. Please bear with me.

I rarely do this, but here's a link to one of my favorite economics blogs:

Unlearning Economics:Economists Dissing Economics

The problem with all this self-criticism is that many of the people doing the dissing are responsible for the disarray they are criticizing. A different [more…]

There He Goes Again

I have a friend who can be guaranteed to wax lyrical about anything Barack Obama does.

Me? Not so much. I have never been a big fan. I look at him as being the least worst option. Good on a few social issues, making a start on health care, botching bank reform [horribly], and generally [more…]

First Friday

Coming soon are First Friday graphical presentations. [more…]