archive

Why study economics?

Ho Fai Chan and Benno Torgler (QUT) and Bruno S. Frey and Jana Gallus (Zurich): Does the John Bates Clark Medal Boost Subsequent Productivity and Citation Success? Ranadeb Chaudhuri and Charles Trzcinka (Indiana), Zoran Ivkovich (Michigan State), and Joshua Matthew Pollet (Illinois): What a Difference a Ph.D. Makes: More than Three Little Letters. The world has changed: Aditya Chakrabortty on how mainstream economics is in denial (and a response). Why study economics? An excerpt from Foundations of Economics by Andrew Gillespie. John Kay on economics in the real world: Most people completing degrees in economics won't have read these books, but they should. Wendy Carlin on how economics explains our world, but economics degrees don’t: The curriculum is increasingly remote from what the experts now know. Actually, economists can predict financial crises. Ingrid Robeyns on economics as a moral science. Economics is inextricably tied to moral behavior, though few economists will say that — it’s time someone did. Kate Bahn on lady economists in an economan's world. Must we reconstruct all of economics? Paul Krugman on new thinking and old books revisited. The next big thing you missed: Marcus Wohlsen on how big-data men David Soloff and Joe Reisinger rewrite government’s tired economic models. Jeroen Van Bouwel on microfoundations and macrofoundations. Jeffrey Sachs on why we need a new macroeconomics. Mark Thoma on how economists can tame irrational exuberance.