Tag Archives: economists

Should We Trust Economists? Are they charlatans, to be scorned as medieval cranks?

These questions above asked by professor of finance Noah Smith (Stony Brook University), as he discusses this issue: “To start, we need to talk briefly about what it is economic theorists do. Essentially, they make models, which are mathematical tools … Continue reading

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From Political Economy to Economics: the Desocialisation and Dehistoricisation of the Dismal Science

From Political Economy to Economics: Method, the Social and the Historical in the Evolution of Economic Theory shows how economics was once rich and diverse, and unravels the processes that lead it to formalistic and monolithic neoclassical orthodoxy. This very interesting book by … Continue reading

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