by From Asad Zaman In my article on “Education of an Economist”, I have explained how I gradually came to realize that all I had learnt during my Ph.D. training at Stanford University was false. I would like to make this more specific and concrete, by providing some examples. A leading example is a paper on Power and Taxes which I studied as a graduate student. But, let me start from the beginning. Leijonhufvud, in his classic “Life Among the Econ” explains how the priestly caste of the Math-Econ is the most admired and revered among the Econ. With a math degree from MIT, I was eager to join the ranks of the Mathematical Economists, the most prestigious among the alternatives facing me. But a few experiences soured me on this idea. I ended up with a degree in Econometrics, which also
Topics:
Asad Zaman considers the following as important: Uncategorized
This could be interesting, too:
Peter Radford writes The eclipse part wo
Editor writes Chang’s “Edible Economics”
Stavros Mavroudeas writes Workgroup for ‘Political Economy of Inequality and Social Policy’ – WAPE 2024, 2-4 August 2024, Panteion University
tom writes Keynes’ denial of conflict: a reply to Professor Heise’s critique
from Asad Zaman
In my article on “Education of an Economist”, I have explained how I gradually came to realize that all I had learnt during my Ph.D. training at Stanford University was false. I would like to make this more specific and concrete, by providing some examples. A leading example is a paper on Power and Taxes which I studied as a graduate student. But, let me start from the beginning.
Leijonhufvud, in his classic “Life Among the Econ” explains how the priestly caste of the Math-Econ is the most admired and revered among the Econ. With a math degree from MIT, I was eager to join the ranks of the Mathematical Economists, the most prestigious among the alternatives facing me. But a few experiences soured me on this idea. I ended up with a degree in Econometrics, which also makes heavy use of mathematics, under the illusion that this may be closer to reality. I learned much later that all the theory I studied at Stanford pertains to a fantasy world created by economists, which has no relationship to the real world. read more