tag:blogger.com,1999:blog-4900303239154048192.post1980146907867930195..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: What "Academic Standards"?Unknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4900303239154048192.post-1493232321977103312009-08-20T17:41:12.815-04:002009-08-20T17:41:12.815-04:00"Might such "lack of ethics" be the..."Might such "lack of ethics" be the attraction to economics?"<br /><br />Whoa...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-80973347584266825632009-08-20T13:57:27.606-04:002009-08-20T13:57:27.606-04:00Might such "lack of ethics" be the attra...Might such "lack of ethics" be the attraction to economics? Is this why many mainstream economists attack behavioral economists?Shag from Brooklinehttps://www.blogger.com/profile/07312591102812315460noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-37049590229214091452009-08-20T10:37:05.200-04:002009-08-20T10:37:05.200-04:00Economics in general, and macroeconomics in partic...Economics in general, and macroeconomics in particular is full of fallacies and contradictions. The most egregious fallacy is that of "Free Trade" which is based on the concept of "Comparative Advantage". Implied in Comparative is the assumption that there are only two economic actors. But in the real world, there is a multiplicity of economic actors. Thus the logical conclusion of "Free Trade" is that in the real world, a multiplicity of economic actors reduces to two, with all others being driven to zero (i.e. 100 % unemployment). We see this happening today in the US, as previous US jobs and production are being offloaded to other, countries which have a "Comparative Advantage" over the US (i.e., lower wages costs which are equivalent with higher productivity).<br /><br />But I could go on for hours about the fallacies and contradictions in economicsPictouGenenoreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-60349629095318514942009-08-20T08:54:04.764-04:002009-08-20T08:54:04.764-04:00What IS an "ethical" economist?
Indeed...What IS an "ethical" economist? <br /><br />Indeed, what are 'ethical' economics?<br /><br />I can think of only one other "profession" wherein the relation between the name of the field and the subject of "ethics" is quite so much an oxymoron: public relations.Woody (Tokin Librul/Rogue Scholar/ Helluvafella!)https://www.blogger.com/profile/09205896988142798901noreply@blogger.comtag:blogger.com,1999:blog-4900303239154048192.post-45682733707373639492009-08-20T06:14:23.563-04:002009-08-20T06:14:23.563-04:00The American Economic Association (AEA) is one of ...The American Economic Association (AEA) is one of the few professional organizations without a code of ethics. In fact, I know of no other.<br /><br />And I agree that academic economists make stuff up all the time, everywhere.Robert Vienneauhttps://www.blogger.com/profile/14748118392842775431noreply@blogger.com