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Thursday, July 31, 2014

'What Are Academics Good For?'

Simon Wren-Lewis

What are academics good for?: A survey of US academic economists, which found that 36 thought the Obama fiscal stimulus reduced unemployment and only one thought otherwise, led to this cri de coeur from Paul Krugman. What is the point in having academic research if it is ignored, he asked? At the same time I was involved in a conversation on twitter, where the person I was tweeting with asked ... why should we take any more notice of what academic economists say about economics than, well, City economists or economic journalists?
Here is a very good example of why. ...

    Posted by on Thursday, July 31, 2014 at 08:09 AM in Economics, Macroeconomics | Permalink  Comments (20)


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