Monday, January 06, 2014

Noah Smith Tells Us Academic Economists Are (Mostly) Ignoramuses

Noah Smith writes, "...An audience of academics wouldn't know an Austrian from a Post-Keynesian." So he creates a presentation organized around the pettiness and cronyism of economists. (His post from last year had some problems. For example, he cannot tell the difference between a Marxist and an anarchist.) If Noah wanted, he could have attended a session in which Geoff Harcourt introduced him to some Post Keynesian ideas. But maybe such knowledge would be of no help to his career.


Magpie said...

Well, there are some self-described Post-Keynesians who are hard to tell from Austrians

Robert Vienneau said...

I suppose G. L. S. Shackle was both. Among living economists, I like to think I could tell the difference just by looking at the references in their works.

Matias Vernengo said...

Sure enough Shackle was in between Hayek and Keynes. But I think the problem goes beyond the inability of the mainstream to understand heterodox contributions. The problem is that kids like Noah don't get the history of the mainstream right.