Economics Profession
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Curriculum Reform is Vital if Economics is to Serve Humanity
Dec 7, 2016
Joe Earle, co-founder of The Post-Crash Economics Society, member of Rethinking Economics and co-author of the Econocracy, explains why his group is trying to democratize economics as a conversation and a policy–making process.
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Is Technology Killing Capitalism?
Aug 17, 2016
Is Market Capitalism simply an accident of certain factors that came together in the 19th and 20th centuries? Does the innovation of economics require a new economics of innovation? Is the study of economics deeply affected by the incentive structures faced by economists themselves, necessitating a study of the “economics of economics”?
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There Isn’t Really a ‘Mainstream’ at All
Aug 11, 2016
There is a mix of common-sense opinions, political prejudices, conventional business practice, and pragmatic rules of thumb, supported in an ad hoc, opportunistic way by bits and pieces of economic theory.
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Why Does Economics Reject New Thinking?
Jul 29, 2016
On George Akerlof’s “The Market for Lemons”
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Improving the Teaching of Econometrics
May 12, 2016
A major shift is needed in the Econometrics curriculum for both graduate and undergraduate teaching to include modern topics.
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Why Liberal Economists Dish Out Despair
Apr 20, 2016
Orthodox macroeconomics has become a place where visions die and hopes are banished, for both liberals and conservatives.
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Matching the Moment, But Missing the Point?
Oct 19, 2015
This essay critically evaluates the benefits and costs of the dominant methodology in macroeconomics, the DSGE approach. Although the approach has led to great progress in some areas, it has also created biases and blind spots in the profession that hold back our understanding and our ability to govern the macroeconomy. There is great scope for progress in macroeconomics by judiciously pushing the boundaries of some of the methodological restrictions imposed by the DSGE approach.
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Curriculum Reform & Rethinking Economics
Sep 17, 2015
Marc Lavoie discusses the methodological foundations of heterodox economics, and offers a very different model of money and credit, firms and pricing, consumer theory, effective demand and employment and growth theories.
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Intersections of Psychology and Economics
Sep 11, 2015
Tania Singer on the key importance of understanding preferences and behavioral change.
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The Death of ‘Homo Economicus’
Jun 18, 2015
Good incentives are no substitute for good citizens.
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Thoughts On Skidelsky's Rant Against The Current Economics Curriculum
Jun 9, 2015
The extremely wise Robert Skidelsky has an excellent rant against Anglo-Saxon economics departments
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Conference paper
Change of Course: a Journalist’s Perspective
Apr 2015
I first came across economics students’ campaigns to revolutionise their education in that bastion of radical thought: the newsroom of the Financial Times.
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Conference paper
From Terrible to Terrific Undergraduate Economics Curricula
Apr 2015
Among the areas left largely unscathed by the 2008 financial crisis and subsequent never-‐ending recession, the teaching of economics ranks high.
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Conference paper
What's Wrong With Economics?
Apr 2015
Hubris might well head the list
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Teaching Economics
Apr 10, 2015 | 07:00—08:30
This panel covers the teaching of economics at the university level.