By Philip Mirowski & Edward Nik-Khah. From Oxford University Press: Information is a central concept in economics, and The Knowledge We Have Lost in Information explores its treatment in modern economics. The study of information, far from offering enlightenment, resulted in all matter of confusion for economists and the public. Philip Mirowski and Edward Nik-Khah argue … More New Book: The Knowledge We Have Lost in Information – The History of Information in Modern Economics
Richard D. Wolff & Michael Hudson examine the concept of “Junk Economics.”
Edited by Tae-Hee Jo, Lynne Chester, Carlo D’Ippoliti The Routledge Handbook of Heterodox Economics presents a comprehensive overview of the latest work on economic theory and policy from a ‘pluralistic’ heterodox perspective. Contributions throughout the Handbook explore different theoretical perspectives including: Marxian-radical political economics; Post Keynesian-Sraffian economics; institutionalist-evolutionary economics; feminist economics; social economics; Régulation theory; … More New Book: The Routledge Handbook of Heterodox Economics
By Matias Vernengo, There are many issues I take exception with the piece at the Deseret News on the new Marriner S. Eccles Marriner S. Eccles Institute for Economics and Quantitative Analysis at the University of Utah’s David Eccles School of Business. In the first place, the notion that it, somehow, “will provide some philosophical … More The new Marriner S. Eccles Institute at University of Utah, and his legacy
Josh Mason from John Jay College CUNY doesn’t think teaching contending economic theories is effective, and sees the objective of introductory economics courses as teaching students basic tools to understand economic terminology, national accounts, and standard relationship between cause and effect.
Economics is not, nor can it be, value-free. George DeMartino discusses economist’s influence, whether they should ever lie, and the irreparable ignorance that haunts economics. DeMartino argues for professional ethics in economics as a field of study beyond a code of conduct.
Originally posted on Developing Economics:
This new Working Paper studies the economics books which – judged by the number of editions – were the most influential between 1500 and 1849, and compares these to what is represented in accounts of the history of economic thought today. The most interesting outcome of this work is that if we…