Friday, June 8, 2012

Chris Dillow objects

...herein lies my real gripe with pieces like Suzanne's. They help to give non-economists the wholly false impression that economics is dull, ideological and useless. It's not.
Read it at Stumbling and Mumbling
"Economics" & Rationality
by Chris Dillow

I would agree that economics is not "dull, ideological and useless," and that there is good economics and bad economics. However, there is lot of policy prescription being justified in terms of bad economics, a good deal of it seems to be based on rather rigid ideological assumptions, even in the face of evidence that seems to be disconfirmatory.

1 comment:

Jonf said...

Did you say "evidence that seems to be disconfirmatory"?

That's what I thought you said. Now who would do that sort of thing?