Thursday, October 23, 2014

A Good Discussion About The Role Of Economics In Society

Jeff Mandrik wrote a book about the pernicious role that economic ideas play in society.  He came up with seven bad ideas the permeate the profession.  Brad DeLong wrote a scholarly response to Mandrik's seven bad ideas.  Brad made some good points but the comments to his post were even better.  This says a lot about the people who read his posts.  They are quite different from those who comment on Paul Krugman's articles in the NYT.  They have thought a lot about the same issues that have been raised about economics.  You can read them and be treated to a grad school level discussion session about economics and its role in society.

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