dismal science...

pictures by kaitlin rebesco

downtown chicago, wie es verschwindet. etwas banale bilderwahl, wenn es um die wohltuende neue uneindeutigkeit in den wirtschaftswissenschaften geht. denn die wolkenkratzende skyline einer metropole ist mehr als wirtschaft und finanzen. für kaitlin rebesco ist chicago heimat, ihr sandkasten, ihre emotionale landkarte. wenn der nebel die stadt in die hand nimmt, beginnt sie für rebesco zu leben, zu atmen, häuser schlagen wurzeln, winden sich durch die trübfeuchte luft. alles riecht nach dicken, dunklen mänteln, hastigen schritten, die bäume sehen sich nach dir um, die straßenecken grüßen...

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die debatte um reflexivität und pluralität in den wirtschaftswissenschaften und wie sie gelehrt werden, wird von monat zu monat breiter. we approve.


“All this stuff is deliciously messy”

“The problem is not so much that economists have envied physicists, but they’ve picked the wrong type of physics,” Mr Haldane said. “Physics has moved on – it now takes uncertainty more seriously.” 

There was a time when any self-respecting economics undergraduate could distinguish between neo-Keynesian, new-Keynesian and post-Keynesian thinking.

When Gordon Brown called in 1994 for greater use of post neoclassical endogenous growth theory in policy, for example, many economics graduates would have known what he meant, even if they sniggered at his language. But that was before mathematical models came to dominate economics degrees in the 1990s, replacing critical evaluation and the study of economic thought.

Arjun Jayadev, of the Azim Premji University in Bangalore, highlighted a “huge” disconnect between “alive and on fire” public debates about India’s economy and the “uninspiring” way that the subject was taught.

...that universities were loathe to change a curriculum which could be taught cheaply by any decently qualified economics doctorate.
[so, it's not just the economy, but, more profanely, the money, too.  ...stupid!]

'dismal science' heißt der artikel übrigens, traurige wissenschaft... find ich schön...

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