The proposal In January 1953, Oskar Morgentern wrote Alfred Cowles to suggest a change in the Constitution of the Econometric Society … More
Month: October 2015
Mathiness in context : Richardson, Solow and Mirrlees debate the uses of math in urban economics in the 1970s
The dispute In 1973, Harry W. Richardson, a urban economist at the University of Kent, expressed concern about “some uses … More
The history of the Representative Agent: a short reading list
One aspect of contemporary macro micro-founded models is the use of a representative agent, whose interpretation is debated. Essentially, in … More
There is no longstanding theory/applied pecking order in economics
It seems that economists have a serious problem with theory lately. The pushback against rational expectations is growing, Richard Thaler … More
The Undercover Historian 