3 ms·
> It's because economics is seen as a science but ignores (not completely) human behavior. That does not describe what economics has looked like for a few deca
by xyzzyz 5y ago
> It's because economics is seen as a science but ignores (not completely) human behavior.
That does not describe what economics has looked like for a few decades already. These days, it’s all about human behavior. Just look at the sample of newest papers collected at NBER:
https://www.nber.org/papers?page=1&perPage=50&sortBy=public_date#listing-77041 https://www.nber.org/papers?page=1&perPage=50&sortBy=public_...
If you look at these, it should be clear that most of published economics these days is basically social science done using quantitative methods. The homo economicus has always been a straw man, but these days it is laughably so.