Prof. Wren-Lewis reflects on Kevin Hassett, Glenn Hubbard, Gregory Mankiw, and John Taylor, "The Romney Program for Economic Recovery, Growth, and Jobs"
This is sad, because it tells us as much about economics as an academic discipline as it does about the individuals concerned. In the past I have imagined something similar happening in physics. It actually stretches the imagination to do so, but if it did, the academics concerned would immediately lose their academic reputation. The credibility of their work would be questioned. Responding to evidence rather than ignoring it is what distinguishes real science from pseudo science, and doctors from snake oil salesmen.Ouch — way beyond smack down.
Giving Economics a Bad Name
Simon Wren-Lewis | Professor of Economics, Oxford University