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Economics and Engineering - Economic Principals
The best book about developments in the culture of professional economics to appear in the last twenty five-years is, in my opinion, The World in the Model: How Economists Work and Think (Cambridge, 2...
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Knowledge and Skepticism - Economic Principals
In their introduction to the conference volume Knowledge and Skepticism, its editors wrote that there are two main questions worth asking in epistemology. What is knowledge? And, do we have any of it...
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Learning by Doing - Economic Principals
As a young magazine writer, I was a quick enough study to recognize that, in the discussion of inflation, the bourgeoning enthusiasm for monetary analysis had loaded the dice in favor of the quantity ...
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How do Economic Crises End? - Economic Principals
Economists are occasionally accused of physics envy, because some of the mathematical language they use to describe, say, the interdependence of supply and demand was originally devised to explain equ...
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Archive - Economic Principals
Economic Principals
[…] Economic Principals is itself an interesting website reporting on topical issues as well as presenting non-technical interpretative overviews of controversies in economics, oft...
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In which the Rich Get Richer - Economic Principals
It was a powerful column, appearing last month in The Washington Post and ProPublica, an online news site that had participated in its preparation, and it wanted a rejoinder. Allan Sloan is the dean ...