Wednesday, December 21, 2016

good economics comes down to good judgmen - The Writing That Shaped Economic Thinking in 2016 - Bloomberg View

The Writing That Shaped Economic Thinking in 2016 - Bloomberg View



This one is for economics nerds. Rodrik, an accomplished but often rebellious economist, waxes philosophical on the uses and abuses of economic modeling. He points out a lot of very real failings of economic modeling, and takes some famous people to task, but also defends the profession against many of its harsher critics. In the end, Rodrik believes that good economics comes down to good judgment.

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