3 ms·

Find “Graeber” On this page: (no matches) Find “Marx” On this page: (no matches) LOL ok

by shove 3y ago

alephnerd 3y ago
I mean, Graeber and Marx aren't really taught in Econ degrees either. Nor is Adam Smith for that matter. They're all basically dealing with the philosophy of economics, but economics has transitioned away from being a qualitative field to a quantitative one. Now Econ majors are expected to read Baby Rudin by their first year in top undergrad programs. Source: attempted to become an Econ major in first year. Realized I don't have it in me to do analysis, so became a CS and PoliSci double instead, still got the Econ minor though. Also take a look at EJMR (Econ and Finance's version of HN) - https://www.econjobrumors.com/topic/why-baby-rudin-is https://www.econjobrumors.com/topic/why-baby-rudin-is
- wheelinsupial 3y ago
  Has EJMR changed and started moderating? I stopped going to EJMR because it was far too much trolling, shit posting, racism, and other bad takes.
  - alephnerd 3y ago
    Nope. Still a shithole, but at least the trolls there are upfront unlike on HN where they try to hide behind psudeo-rationalism. Also, it's the only safe space for academics to vent. Plenty of professors who were sexual predators were initially outed on EJMR, so that has value. In addition, the debates about economics or econometrics related topics is much less brain dead than here.
- shove 3y ago
  needing to move economics’ goalposts to the extent Marx is now considered irrelevant to the field of economics only goes to show how influential he’s been. The current practitioners disagree with him? Sure, fine, but to say he’s irrelevant is absurd. He’s easily one of the most influential thinkers in the space.
  - alephnerd 3y ago
    He's as irrelevant as Adam Smith is in 2023. The world is much more complex in the 21st century than it was during that time. Also, Marx and Adam Smith are as relevant to Econ in 2023 as Ada Lovelace is in CS in 2023.
rufus_foreman 3y ago
He links to his book "GOAT: Who is the Greatest Economist of all Time, and Why Does it Matter?" which is freely available online, it contains several mentions of Marx. An example: "My first standard is how an economist analyzes a more or less new problem shown to him, and thus how well that economist can think. That sounds simple, but as we’ll see it rules out many folks right off the bat, most notably Karl Marx." Sounds like it might not be the most appropriate course for Marx fans. Spoiler alert: he doesn't come out and say that Milton Friedman is the GOAT, but he pretty much says that Milton Friedman is the GOAT.
huitzitziltzin 3y ago
Why in the world would either of those ever be assigned in an economics class? Especially on the history of economic thought! Marx has had about 0 influence on modern economics. Sure he’s an influential figure in world history and should be taught there but in a class on the history of economics??? No way. Graeber is an even less plausible choice.
- shove 3y ago
  “Why in the world” indeed

Find “Graeber” On this page: (no matches) Find “Marx” On this page: (no matches) LOL ok

by shove 3y ago

Find “Graeber” On this page: (no matches) Find “Marx” On this page: (no matches) LOL ok

I mean, Graeber and Marx aren't really taught in Econ degrees either. Nor is Adam Smith for that matter. They're all basically dealing with the philosophy of economics, but economics has transitioned away from being a qualitative field to a quantitative one. Now Econ majors are expected to read Baby Rudin by their first year in top undergrad programs. Source: attempted to become an Econ major in first year. Realized I don't have it in me to do analysis, so became a CS and PoliSci double instead, still got the Econ minor though. Also take a look at EJMR (Econ and Finance's version of HN) - https://www.econjobrumors.com/topic/why-baby-rudin-is https://www.econjobrumors.com/topic/why-baby-rudin-is

wheelinsupial 3y ago
Has EJMR changed and started moderating? I stopped going to EJMR because it was far too much trolling, shit posting, racism, and other bad takes.
- alephnerd 3y ago
  Nope. Still a shithole, but at least the trolls there are upfront unlike on HN where they try to hide behind psudeo-rationalism. Also, it's the only safe space for academics to vent. Plenty of professors who were sexual predators were initially outed on EJMR, so that has value. In addition, the debates about economics or econometrics related topics is much less brain dead than here.
shove 3y ago
needing to move economics’ goalposts to the extent Marx is now considered irrelevant to the field of economics only goes to show how influential he’s been. The current practitioners disagree with him? Sure, fine, but to say he’s irrelevant is absurd. He’s easily one of the most influential thinkers in the space.
- alephnerd 3y ago
  He's as irrelevant as Adam Smith is in 2023. The world is much more complex in the 21st century than it was during that time. Also, Marx and Adam Smith are as relevant to Econ in 2023 as Ada Lovelace is in CS in 2023.

rufus_foreman 3y ago

He links to his book "GOAT: Who is the Greatest Economist of all Time, and Why Does it Matter?" which is freely available online, it contains several mentions of Marx. An example: "My first standard is how an economist analyzes a more or less new problem shown to him, and thus how well that economist can think. That sounds simple, but as we’ll see it rules out many folks right off the bat, most notably Karl Marx." Sounds like it might not be the most appropriate course for Marx fans. Spoiler alert: he doesn't come out and say that Milton Friedman is the GOAT, but he pretty much says that Milton Friedman is the GOAT.

huitzitziltzin 3y ago

Why in the world would either of those ever be assigned in an economics class? Especially on the history of economic thought! Marx has had about 0 influence on modern economics. Sure he’s an influential figure in world history and should be taught there but in a class on the history of economics??? No way. Graeber is an even less plausible choice.

shove 3y ago
“Why in the world” indeed