Category Archives: Geen categorie
BEHAVIOURAL ECONOMICS, A METHODOLOGICAL ACCOUNT
Behavioural Economics, A Methodological Account Introduction Behavioural economics is a combination of behavioural and cognitive psychology on the one hand, and empirical economics on the other. Both strands are weak in theory and strong in empirics. Therefore in combination they … Continue reading
Why the Germans are NOT right about economics
In his article “Why the Germans are right about economics” in the Financial Times Gideon Rachman considers economics as part of ethics. He refers to Smith, Marx and Hayek to illustrate this view. Until the crisis of 2008 mainstream economics … Continue reading
Posted in Geen categorie
Leave a comment
Piet Keizer on the Bump, Bust, Bump Movie
Piet Keizer on the Bumb, Bust, Bump movie Tuschinski Theater, Amsterdam Tuesday 26 may, 16.00 h. première! The movie is about the incapability of neoclassically educated economists to foresee the financial crisis 2008, and it deals with the problems of … Continue reading
POST-CRISIS ECONOMICS
Piet Keizer, Multidisciplinary Economics, A Methodological Account, Oxford University Press, May, 2015. Post-crisis Economics When the global economy was hit by a severe financial crisis, mainstream economists were surprised. The global financial system appeared very fragile, especially in the … Continue reading
Piet Keizer on Dan Ariely on Irrationality Introduction More than 50 years ago Herbert Simon criticised the neoclassical idea that the orthodox economic analysis, which is based on the assumption of the economic and rational homo oeconomicus, is a sound … Continue reading
Posted in Geen categorie
Leave a comment
Pietkeizer.com 