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"most of the interesting research being done in econ is outside of theoretical macro" I'm not sure why that save economics from the discussion, when it's the t
by RobertoG 10y ago
"most of the interesting research being done in econ is outside of theoretical macro"
I'm not sure why that save economics from the discussion, when it's the theoretical macro what have a huge influence in the life of billions of persons and the title of the article we are discussing is "If Sociologists Had as Much Influence as Economists".
The libertarian comment is uncalled for, as most of the comments here don't express a political view, only criticism of the discipline.
- yxwvut 10y agoIt's not fair to say that it's theoretical macro that has the major impact on policymakers. Look at the most influential (in a political sense) economists/social scientists these days, and they're advising policymakers about things on a much more granular scale (eg: the particular effects of sub-components of the ACA on consumer behavior, the barriers to equality of opportunity in impoverished areas, etc.). I think the outsider view of economics is stuck in the "schools of thought" era, which has all but vanished from serious economics. And the libertarian mention is called for when the other comments are using common dog-whistles for libertarian distrust of central banking (via a sort of "fruit of the poisonous tree" argument).