https://worklaw.jotwell.com/rebooting-the-dismal-science/ The Journal of Things We Like (Lots) Thu, 10 Jul 2014 20:03:47 +0000 hourly 1 https://worklaw.jotwell.com/rebooting-the-dismal-science/#comment-51496 Thu, 10 Jul 2014 20:03:47 +0000 https://worklawjotwell.dewjbxx2-liquidwebsites.com/?p=703#comment-51496 The second point you make about Pietty’s Capital is worth underscoring. Many of his basic points may be available in the many reviews of the book, but his discussions of the discipline of economics, and particularly macroeconomics, are thought-provoking and worth read in themselves. He can be very direct: “To put it bluntly, the discipline of economics has yet to get over its childish passion for mathematics and for purely theoretical and often highly ideological speculation, at the expense of historical research and collaboration with the other social sciences.” He criticizes the discipline in America most of all. “This obsession with mathematics is an easy way of acquiring the appearance of scientificity without having to answer the far more complex questions posed by the world we live in.”

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