Rising student demand for new economics
From the Economist: “I DON’T care who writes a nation’s laws, or crafts its advanced treatises, if I can write its economics textbooks.” So said Paul Samuelson, an American economist who more than...
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Real-world microeconomics
Here’s an introductory textbook – written by Econ4’s Jerry Friedman – that not only covers the usual micro topics but goes beyond, putting the economic behavior of consumers and firms into its social...
View ArticleAn international student call for pluralism in economics
From an open letter signed by student associations from across the world: It is not only the world economy that is in crisis. The teaching of economics is in crisis too, and this crisis has...
View ArticleWhy tax the ultra-wealthy?
Interesting numbers from the New York Times: The top 1 percent includes about 1.13 million households earning an average income of $2.1 million. Raising their total tax burden to, say, 40 percent would...
View ArticleBullshit 101
A timely addition to the curriculum from the University of Washington: The world is awash in bullshit. Politicians are unconstrained by facts. Science is conducted by press release. Higher education...
View ArticleQuestioning econocracy
From a review of the new book, The Econocracy: The most devastating evidence in this book concerns what goes into making an economist. The authors analysed 174 economics modules … making this the most...
View ArticleAn economic Bill of Rights
It’s time to revive an idea floated by Franklin D. Roosevelt, write Mark Paul, Sandy Darity and Darrick Hamilton in the American Prospect: Many may question in this time of “resistance,” if this is the...
View ArticlePromoting Economic Pluralism
An international initiative seeks to “make space for diversity in economics,” among other ways by creating a new accreditation program for pluralist economics masters programs around the world. Check...
View ArticlePuppets rap ‘economic man’
Homo economicus? These puppets have a better idea of who we are: Source: https://www.youtube.com/watch?v=Sx13E8-zUtA.
View ArticleThe hangover from imbibing Homo economicus
More subtle understandings of human behavior have bounced off the teflon coating of Econ 101 with baleful consequences: What students are taught in their economics classes can perversely turn models...
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