INET published a paper, written by John Kay, that deals with the relationship between economics and the world we live in. The Map Is Not the Territory: An Essay on the State of Economics spells out methodological critiques of economic theory in general, and of DSGE models and rational expectations in particular. INET forwarded Kay's paper to a handful economists and invited them to respond (Harald Uhlig, Michael Woodford, Paul Davidson, and Roger Guesnerie). Here, we offer a perspective by Giovanni Dosi, Professor o
Summary: This article examines the contribution of the economy of conventions to economic analysis. ...
Uniquely among sciences, the methodology of economics (its epistemology, ontology, scope, and focal ...
The paper attempts to justify an alternative to conventional methodology of economics, as well as ma...
Economics is arguably the most important social science on account of its fundamental and valuationa...
Economics is arguably the most important social science on account of its fundamental and valuationa...
Many economic theories rely on equilibrium. Notwithstanding its widespread framing role, the very no...
The remarkable economic achievements of the past two centuries have cast an illusion of omniscience ...
It was long before the current economic crisis has triggered a new wave of criticism towards the ver...
In understanding economics and the organisation of economics, the questions are what constituteecono...
The relationship between the development of economics and economic performance is not reducible to a...
The main goal of this thesis is to provide a full account of the deficiencies of mainstream economic...
International audienceNetworks in economics can be conceived as a useful adjunct to standard theory ...
This paper has two central themes. One is that to make sense of the results of work in mathematical ...
Most economic analysis of the latest capitalist crisis suffer from the same problem: they are econom...
The development of economic thought is not unlike the development of technological knowledge: paradi...
Summary: This article examines the contribution of the economy of conventions to economic analysis. ...
Uniquely among sciences, the methodology of economics (its epistemology, ontology, scope, and focal ...
The paper attempts to justify an alternative to conventional methodology of economics, as well as ma...
Economics is arguably the most important social science on account of its fundamental and valuationa...
Economics is arguably the most important social science on account of its fundamental and valuationa...
Many economic theories rely on equilibrium. Notwithstanding its widespread framing role, the very no...
The remarkable economic achievements of the past two centuries have cast an illusion of omniscience ...
It was long before the current economic crisis has triggered a new wave of criticism towards the ver...
In understanding economics and the organisation of economics, the questions are what constituteecono...
The relationship between the development of economics and economic performance is not reducible to a...
The main goal of this thesis is to provide a full account of the deficiencies of mainstream economic...
International audienceNetworks in economics can be conceived as a useful adjunct to standard theory ...
This paper has two central themes. One is that to make sense of the results of work in mathematical ...
Most economic analysis of the latest capitalist crisis suffer from the same problem: they are econom...
The development of economic thought is not unlike the development of technological knowledge: paradi...
Summary: This article examines the contribution of the economy of conventions to economic analysis. ...
Uniquely among sciences, the methodology of economics (its epistemology, ontology, scope, and focal ...
The paper attempts to justify an alternative to conventional methodology of economics, as well as ma...