‘Goodbye, homo economicus’: Apparently economics is thin-skinned

Anatole Kaletsky indicts the modern economist profession for the current crisis  in the Prospect: Was Adam Smith an economist? Was Keynes, Ricardo or Schumpeter? By the standards of today’s academic economists, the answer is no. Smith, Ricardo and Keynes produced no mathematical models. Their work lacked the “analytical rigour” and precise deductive logic demanded by … Continue reading ‘Goodbye, homo economicus’: Apparently economics is thin-skinned