Noah Smith — Economists Pretend They Don't Pick Winners and Losers

The rediscovery of political economy. Surprise, economics is normative as well as positive owing to it subject matter. Methodological choice including assumptions matter for picking winners and losers.

Economics involves tradeoffs. Tradeoffs are not equally distributed. Some win and some lose. Who chooses and on what basis?

These are social and political issues in addition to economic.

Noahpinion
Economists Pretend They Don't Pick Winners and Losers
Noah Smith | Bloomberg View columnist

George Lakoff — Trump and the Invisible Hand of Moral ValuesTrump and the Invisible Hand of Moral Values

As the editors of Evonomics, we recognize the importance of moral and political behavior in economic systems. This essay explores voting behavior in the United States as a way to see how different ideological tribes make sense of economic issues.

Evonomics
Trump and the Invisible Hand of Moral ValuesTrump and the Invisible Hand of Moral Values
George Lakoff | Distinguished Professor of Cognitive Science and Linguistics at the University of California at Berkeley