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They made this mistake by claiming free trade had no downsides. I wouldn't say it is just free trade. This is what happens when ideology trumps scientific rigor, and scientific credibility is used to push a political agenda. Economists appear to fall into this trap often enough to have destroyed their public credibility. It's another form off fake news. As Noah Smith points out, they know better, but do it anyway. Now they and we, are reaping the whirlwind of rabid populism as the working class bites back. Bloomberg ViewEconomists Lose Credibility When They're Too Certain Noah Smith
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Mike Norman considers the following as important: economics and ideology, economics profession
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They made this mistake by claiming free trade had no downsides. I wouldn't say it is just free trade. This is what happens when ideology trumps scientific rigor, and scientific credibility is used to push a political agenda. Economists appear to fall into this trap often enough to have destroyed their public credibility. It's another form off fake news. As Noah Smith points out, they know better, but do it anyway. Now they and we, are reaping the whirlwind of rabid populism as the working class bites back. Bloomberg ViewEconomists Lose Credibility When They're Too Certain Noah Smith
Topics:
Mike Norman considers the following as important: economics and ideology, economics profession
This could be interesting, too:
Mike Norman writes REVIEW ESSAY–The Reformation in Economics: A Deconstruction and Reconstruction of Economic Theory by Philip Pilkington Marc Morgan
Mike Norman writes Three Economic Ideas Threatening to Defenders of the Status Quo — Peter Cooper
Mike Norman writes Bill Mitchell — Be careful of what parades as academic research (Uber)
Mike Norman writes Political Economy? — Peter Radford
They made this mistake by claiming free trade had no downsides.I wouldn't say it is just free trade.
This is what happens when ideology trumps scientific rigor, and scientific credibility is used to push a political agenda.
Economists appear to fall into this trap often enough to have destroyed their public credibility. It's another form off fake news.
As Noah Smith points out, they know better, but do it anyway. Now they and we, are reaping the whirlwind of rabid populism as the working class bites back.