Tag Archives: orthodox economics

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

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ECONOMICS AS AN (IN)DEPENDENT SCIENCE

ESSAYS IN MULTIDISCIPLINARY ECONOMICS, NO.2 Economics as an (In)dependent Science Introduction Science has always been heavily influenced by the ideologies and interests of people. Although this phenomenon is unavoidable, it makes sense to reduce it as much as possible. When … Continue reading

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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

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