Lars Syll seems to have started a perpetual conversation when he posted a comment about Tony Lawson's longstanding complaints about realism in economics. I don't want to get dragged into what appears to be an endless, and pointless, debate ... but.
The debate is endless because some economists seem to thrive on endlessness. That is to [more…]
Just a very quick note regarding last week's employment numbers.
They were good. That's all we need to know. It's been a long time since I have reported on the economy here, I have been distracted by my journey into the relationship between democracy and capitalism. But, since a couple of you asked, here is [more…]
Actually the paper I just read is called "The Superiority of Economists". It's another analysis of thee economics profession by Marion Fourcade, this time in association with Etienne Ollion and Yann Algan. It is well worth reading and fits neatly in the same analytical tradition as Fourcade's 2009 book "Economists and Societies".
The problem is that [more…]