What’s Wrong with Economics

That’s the general theme of this New York Times Magazine article by Paul Krugman.  He chronicles how the rise of Friedman-esque rational choice thinking led to a theoretically beautiful but factually wrong understanding of the economy amongst American academic economists.

I post this because it’s interesting, but I think it’s useful by analogy to political science.  Particularly I’m thinking of neorealism and even neoliberalism in IR.


About Jake Wobig

I teach international relations and comparative politics at Wingate University in Wingate, North Carolina
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