Swiss Economicblogs.org
In Foreign Affairs, Paul Romer criticizes “pretend economists” who pretend that economics—and they themselves—can answer normative questions on scientific grounds. He argues that “pretend economists” open the field to corruption. The alternative is to make honesty and humility prerequisites for membership in the community of economists. The easy part is to challenge the pretenders. The hard part is to say no when government officials look to economists for an answer to a normative...
Read More »