Monday, November 19, 2007


Dani Rodrik writes:
"...the University of Massachusetts Amherst ... department of economics ... is well known as the hangout of left-wing critics of economics and economic policy..."
Notice Rodrik doesn't write that they are critics of "neoclassical economics" (or "orthodox economics" or " mainstream economics"). Don't they do economics of some sort at Massachusetts? Don't they make suggestions for economic policy? Can a mainstream economist even acknowledge the existence of heterodox economists?

I've seen comments like Rodrik's before. I am skeptical of the whole notion of "anti-economics". A serious scholar would acknowledge the existence of divisions in his field, not pretend some with a different approach are merely outsiders or critics.

(I do know that, like Notre Dame, UMass has a good lacrosse program.)

1 comment:

Anonymous said...

I've read one article on "anti-economics" -- the concept seems to me an attempt to avoid acknowledging criticisms of neo-classical economics.

Plus you get to blame all the bad things in life not on capitalism but those evil "anti-economists" who criticise it and stop it working in all its self-regulating glory...

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