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Tag Archives: Chicago School
Being Freakonomical with the Heart
[ (i) This is a tribute to, and perhaps fulfilment of, Daniel Davies's post Being Freakonomical With The Truth. (ii) I see that I made a major error in last night's post: Michael Sandel doesn't belong to an academic philosophy department, but is of course in the Harvard Department of Government, with a manifest passion [...]
Posted in topical Also tagged altruism, climate science, ethics, Freakonomics, geo-engineering, global warming, Michael Sandel, philosophy Leave a comment
The Dismal Science and its Discontents
I note that the Freakonomics folks are doubling down, giving Nathan Myhrvold (the controversial advocate of geo-engineering solutions to climate change that they leaned on too heavily in the final chapter of their book) a platform to defend his contributions and De Long lets Nicholas Weaver reply to the technical points of Myhrvold’s post. However, [...]
Posted in commentary Also tagged economics, Enlightenment, Freakonomics, philosophy, science Leave a comment
Reductionism in Economics
Having collected some of the thinking in the economic civil-war debates in my last post I would like to now throw out a few general observations.
John Quiggin in a recent post at Crooked Timber notes some of the causes of the schism, he thinks partly due to the recent increase in polarization in the political [...]
Posted in topical Also tagged controversy, economics, ethics, irrationalism, reductionism, systems theory Leave a comment
Economics Roundup
Krugman on Skidelsky
Krugman has a review of Keynes: The Return of the Master (h/t Krugman). Krugman continues to bait the fresh water economists but provides a neat summary of the Chicago school’s essential innovation, or, depending upon your perspective, regression to neo-classical economics.
In addition Krugman looks at the evolution of the master’s thought between 1936 [...]
Posted in topical Also tagged conflict, controversy, economics, irrationalism, Keynes, neo-Hooverite, Paul Krugman, Real Business Cycle Leave a comment
A Note to Concerned Bloggers