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Economists Behaving Badly
It is a puzzling thing about my former profession that after spending many years in graduate school and beyond, economists are happy to let the public face of the profession be the first 50 pages of an Econ 101 textbook. It isn't some crazy area of the profession where various forms of market ...
Economists behaving badly
krugman.blogs.nytimes.com — Ouch. The WSJ's Real Time Economics blog has a post linking to Raguram Rajan's prophetic 2005 paper... on the risks posed by securitization - basically, Rajan said that what did happen, could happen - and to the discussion at the Jackson Hole conference ... (more) Economists behaving badly
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Nothing is lost, save honor
Corrente — In the immortal words of Diamond Jim Fisk. Go read Krugman. Ouch!. Atrios links, but does not quote, to Krugman's comment on honor among economists. He should have quoted Krugman: Read more…

Brad DeLong Has Poop For Sale!
Sadly, No! — ... But all the economist sees on that blackboard are laws and “proofs” as pure as those of the physicists and mathematicians — beyond good and evil, baby! And so unlike, he thinks, systems and laws created by, say, anthropologists and identity studies people[2], whom he considers artistic hacks at best and degenerate ax-grinders at worst. Meanwhile, the robber barons thank him for his contributions to “science.” The economist happily accepts, and if he has an utter lack of self-awareness (as it seems most ...

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