Esther Duflo, Stephanie Kelton, Mariana Mazzucato, Carlota Perez and Kate Raworth are united in one thing: their amazement at the way economics has been defined and debated to date. Their incredulity is palpable....
Like Dorothy in The Wizard of Oz, when they get a glimpse behind the curtain, they discover the machinery of power can be more bluster than substance. As newcomers to the game, they can often see this more clearly than the long-term players. Henderson cites Tom Toro’s cartoon as her mantra. A group in rags sit around a fire with the ruins of civilisation in the background. “Yes, the planet got destroyed” says a man in a disheveled suit, “but for a beautiful moment in time we created a lot of value for shareholders.”Mention women in economics previously and likely only Joan Robinson came to mind. Now that is changing, maybe just in time.
You get the same sense when you listen to the female economists throwing themselves into the still very male dominated economics field. A kind of collective ‘you’re kidding me, right? These five female economists are letting the secret out – and inviting people to flip the priorities. A growing number are listening – even the Pope (see below)....
Forbes
5 Economists Redefining… Everything. Oh Yes, And They’re Women
Avivah Wittenberg-Cox
4 comments:
Mazzucato and Raworth are "redefining" precisely nothing. I've read plenty of Mazzucato's stuff. She's a classic example of a problem that plagues academia, namely people with zero worthwhile ideas, but who do have a talent for keeping their mouths open and their tongues wagging while exuding a torrent of technical sounding waffle, which boils down to nothing. That sort of pseudo technical nonsense fools almost as many economists and non-economists.
Raworth is obsessed with doughnuts: she devotes thousands of words to claiming environmental problems should be viewed as a doughnut. Personally I find it quite easy to think about and quantify environmental problems without so much as mentioning dougnuts, cookies, chocolate biscuits or anthing of that sort.
Art Degrees Ralph... they are trained to work in the figurative ....
“Doughnut” is figurative language as is “myth”... etc...
Doesn’t work...
Circles within circles are not donuts.
right.. coaxial or concentric circles....
It’s like these people have no proper useful education at all...
Post a Comment