12 August 2009

Lucas roundtable

Questioning the dismal science has so many interesting posts from economists..here is Mark Thoma on asking the right questions, which reiterates my previous post on pluralism in economics...
We need to take a close look at how the sociology of our profession led to an outcome where people were made to feel embarrassed for even asking certain types of questions. People will always be passionate in defense of their life's work, so it's not the rhetoric itself that is of concern, the problem comes when factors such as ideology or control of journals and other outlets for the dissemination of research stand in the way of promising alternative lines of inquiry.
The full debate can be followed here:

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