archive

Economics as craft

John Latsis and Constantinos Repapis (Oxford): A Model Intervenes: The Many Faces of Moral Hazard. Is there one economic model to rule them all? Mark Thoma investigates. The introduction to Fortune Tellers: The Story of America's First Economic Forecasters by Walter A. Friedman. At last, a serious presentation and defense of modern macroeconomic theory: Herbert Gintis reviews Big Ideas in Macroeconomics: A Nontechnical View by Kartik B. Athreya. Matthew Yglesias on how freshwater macroeconomics has failed the market test. Do economists ever get it right? George Economides and Thomas Moutos want to know. Matthew Klein on fixing what's wrong with Economics 101. Maxine Montaigne on how economics must reform, but data can’t tell us everything. Does it matter whether or not economics is a “science”? Allison Schrager wants to know. Must we give up understanding to secure knowledge in economics? Alex Rosenberg and Tyler Curtain want to know. Who made economics: how did political economy and its successors ascend to this position of prestige in the social sciences? Mike Konczal on how colleges are teaching economics backwards. Dani Rodrik on economics as craft. Eric Schliesser on the “art” of economics. Mark Carrigan on how economists are horrible people. An economists' Oscar Wilde: Martin Walker reviews The Memoirs of Walter Bagehot by Frank Prochaska. Adam Oliver on launching his new book Behavioural Public Policy, and how behavioural economics are affecting public policy. From nudging to budging: Katie Smith on behavioural economic-informed regulation of the supply side. Cass R. Sunstein on the behavioral economist at the movies.