Sunday , October 13 2019
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Lars Pålsson Syll
Professor at Malmö University. Primary research interest - the philosophy, history and methodology of economics.

Lars P. Syll

Do economic models actually explain anything?

Do economic models actually explain anything? One of the limitations with economics is the restricted possibility to perform experiments, forcing it to mainly rely on observational studies for knowledge of real-world economies. But still — the idea of performing laboratory experiments holds a firm grip of our wish to discover (causal) relationships between economic ‘variables.’ If we only could isolate and manipulate variables in controlled environments, we...

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Teflon economics

At least since the time of Keynes’s famous critique of Tinbergen’s econometric methods, those of us in the social science community who have been impolite enough to dare to question the preferred methods and models applied in quantitative research in general and economics more specifically, are as a rule met with disapproval. Although people seem to get very agitated and upset by the critique — just read the commentaries on this blog if you don’t believe me — defenders of...

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SPD völlig baff: Sozialdemokratische Partei gewinnt Wahl mit sozialdemokratischer Politik

Lissabon, Berlin (dpo) – Große Verwirrung im Willy-Brandt-Haus! Nachdem der portugiesische Ministerpräsident António Costa bei der Parlamentswahl in Portugal große Stimmenzuwächse vermelden konnte, zeigt sich die Parteispitze der SPD (aktuelle Umfragen: 13-15%) verblüfft. Der Grund: Die sozialdemokratische Partei PS holte ausgerechnet mit klassisch sozialdemokratischer Politik 36,65 Prozent der Stimmen (2015: 32,31%). “Hä? Irgendetwas stimmt hier ganz und gar nicht!”, stottert...

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Knut Wicksell’s principle of just taxation

Knut Wicksell’s principle of just taxation My claim is that the very concept of taxation presupposes that all incomes are equally justified. This applies no matter which principle of taxation one wishes to put into practice. A tax that only reduces by a certain amount what a person unjustly possesses cannot be regarded as an appropriate compensation on his part for the efforts the state has made on his behalf, nor can it be seen as a sacrifice comparable...

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La baisse des taux d’intérêt

La baisse des taux d’intérêt La politique monétaire des pays de l’OCDE est devenue très expansionniste depuis la crise de 2008-2009. Les taux d’intérêt des banques centrales ont beaucoup baissé (2,25 % aux Etats-Unis aujourd’hui, 0 % dans la zone euro et au Japon) … Pourtant, on ne voit pas d’effets très positifs de cette politique monétaire extraordinairement expansionniste. La croissance est en train de ralentir ; le taux d’investissement des entreprises...

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