Category Archives: Economic education and methods

Road to Sociology Watch

From The Economist A similar study of American economists by Ms May and others also found men more sceptical of government regulation, more comfortable with drilling in the Arctic National Wildlife Refuge, and more likely to believe that a higher … Continue reading

Posted in Economic education and methods, Tyler Cowen is my Favorite Blogger | 7 Comments

Jason Collins on Grit

He writes, I will say that Duckworth appears to be one of the most open recipients of criticism in academia that I have come across. She readily concedes good arguments, and appears caught between her knowledge of the limitations of … Continue reading

Posted in statistical methods | 2 Comments

My essay on why economics does not progress

In Economists Wake Up: It’s the 21st Century, I write, Along the Akerselva River in Oslo Norway, the buildings of the industrial era have been re-purposed or replaced. The same is true in Pittsburgh, Pennsylvania or Birmingham, England. But economists … Continue reading

Posted in Economic education and methods, links to my essays | 10 Comments

Why Doesn’t Economics Progress?

Don Boudreaux offers one hypothesis. Academic journals are not the place to repeat long-ago-discovered truths. A bias, however, arises from this role of academic journals and of the need for scholars to publish in them – namely, a disproportionate amount … Continue reading

Posted in Economic education and methods | 5 Comments

Should economists intern in business?

I make that suggestion. Economists continue to describe entrepreneurs as solving problems of resource allocation, when in fact business executives worry internally about talent development and culture. They worry externally about strategy in a complex environment.

Posted in business economics, Economic education and methods | 8 Comments

Which concepts work in economics?

On Quora, I was asked where economics works. I changed the question to “which concepts work?” My answer was The laws of supply and demand work. The principle of substitution works (we do not run out of resources—we substitute away … Continue reading

Posted in Introductory Economics | 17 Comments

What do economists know? Tyler Cowen’s Essay Exam

Tyler Cowen came up with this idea at lunch (I was not there) a few days ago and shared it with me by email. Imagine giving all professional economists (and other academics) an essay test. Determine their area of expertise, … Continue reading

Posted in Economic education and methods, Tyler Cowen is my Favorite Blogger | 3 Comments

Eric Weinstein on economics

I found my way to what he wrote a couple years ago. So long as public goods make up a minority of a market economy, taxes on non-public goods can be used to pay for the exception where price and … Continue reading

Posted in Economic education and methods | Tagged , | 1 Comment

The AEA code of conduct draft

It reads in part, The AEA encourages the “perfect freedom of economic discussion.” This goal requires considering each idea on its own merits and an environment where all can freely participate. Economists have a professional obligation to conduct civil and … Continue reading

Posted in Economic education and methods | 2 Comments

Dave Rubin and the Weinstein Brothers

They talk for almost three hours, and you have to hang with it until the end to hear my three-axes model invoked by Eric Weinstein. His point is that libertarians will not be helpful if they (we?) deny that sometimes … Continue reading

Posted in Economic education and methods, links to my essays, Three-Axes Model | Tagged , , | 10 Comments