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"got banned from the #library for moving all the #books on trickle down #economics to the #mythology section" https://economicsociology.org/2019/09/20/neoliberalism-a-critical-reader/ #neoliberalismThe definition of Political Economy — as a scholarly discipline, a research topic, a sphere of society, or the realm of polity — has gone through many incarnations over the years. A new interesting and instructive paper by Renate Mayntz proficiently addresses the disputed aspects, changing facets and some conventions of #politicaleconomy, and then shows how they are expressed in #research. >> As the new academic year begins, I would like to use this opportunity to Thank You for being here. Invite your colleagues, students & friends to join our common cause https://economicsociology.org/2019/09/14/political-economy-origins-meanings-changes/ #economicsociology #economics #economichistory #sociology #capitalismTags
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Tag Archives: models
Who is in Control of Markets: Humans or Financial Models?
by Ekaterina Svetlova* The recent stock market correction raised again the question of who is in control of markets: humans or technology. Nasdaq CEO Adena Friedman said on CNBC that „humans are definitely in charge of the decisions in the market” … Continue reading
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
