tag:blogger.com,1999:blog-26706564.post4594154929113971528..comments2024-03-25T07:51:47.758-04:00Comments on Thoughts On Economics: Two Views On Introductory EconomicsRobert Vienneauhttp://www.blogger.com/profile/14748118392842775431noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-26706564.post-33761160336616024092016-01-23T15:32:24.088-05:002016-01-23T15:32:24.088-05:00«Why do economists not revise their teaching so it...«Why do economists not revise their teaching so it is not susceptible to being criticized as ideology? I offer three suggestions»<br /><br />Your three suggestions relate only to forces operating *within the field itself*.<br /><br />But there are powerful forces that operates from outside the field. There have been obvious ones like the campaign against the teaching of Keynesianism and Tarshi's book a few decades ago, or similar ones earlier one, or the current one in many angloamerican countries to replace departments of political economy in universities with departments of business education.<br /><br />But less obviously but rather powerfully it is easy to observer for people starting in the field that those who teach, are implicated in, and do research based on some ideology stand a chance of becoming much richer than the others, by getting very well compensated consultancy contracts, or big donations for establishing chairs and even whole institutes.<br /><br />When people on minimum wage will be able to offer $1,200/hour consultancy contracts to Economists like BoA did to G Hubbard or to fund 35 endowed chairs like K Lay did in various universities perhaps many ambitious Economists will consider alternative approaches.<br />Blissexnoreply@blogger.com