Why Aren't Economists as Important as Garbagemen? Essays on the State of Economics

By David Colander | Go to book overview

Introduction

Some of my best friends are economists; I say this at the beginning of this collection of essays because, while the title suggests that I, like Brutus, have come to bury economists and economics, I have actually come to praise them. Oh, I criticize all right, but that criticism is based upon a belief that economics is important and that it has an important contribution to make to the public policy debate. I wouldn't waste my time criticizing economics and the economics profession unless I believed them important.


The Positive and Negative Themes

The essays have two themes: a positive one and a negative one. The positive theme of the essays is that economic analysis, if kept in perspective, is enormously powerful. It provides a way of uncovering the workings of real-world phenomena that fit the perceptions many people have. The negative theme is that economic analysis is not being kept in perspective by economists, and that loss of perspective means that much of what comes out under the name of economic research has little or no value for society. But even this negative theme has positive overtones in demonstrating the power of economic analysis.

What is happening in the economics profession becomes much more understandable when one looks at it from an economist's standpoint. Economists have often turned the laser edge of their

-3-

Notes for this page

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this page

Cited page

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited page

Bookmark this page
Why Aren't Economists as Important as Garbagemen? Essays on the State of Economics
Table of contents

Table of contents

  • Title Page iii
  • Contents vii
  • Acknowledgments ix
  • Introduction 3
  • 1- Economists And Policy 17
  • 1- Why Aren't Economists As Important as Garbagemen? 19
  • Notes 28
  • 2- Economics, Institutions, And Methodology 39
  • 3- The Making Of An Economist 41
  • 4: Workmanship, Incentives, And Cynicism 63
  • 5- The Invisible Hand of Truth 81
  • 3- Applications To Macroeconomics 89
  • 6- The Evolution Of Keynesian Economics: From Keynesian to New Classical To New Keynesian 91
  • Notes 100
  • 4- Critics of Economics 113
  • 8- Galbraith and the Theory Of Price Control 115
  • 10- Form and Content In Appraising Recent Economic Developments 139
  • Notes 152
  • Works Cited And Related References 165
  • Index 169
  • About the Author *
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this book

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this book
  • Bookmarks
  • Highlights & Notes
  • Citations
/ 177

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.