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Public trust in economists
from Lars Syll
People are obviously not so impressed by the “queen of the social sciences”. And rightly so. Mainstream economics today is more like an ideological-religious conviction than a realist and relevant social science that people can trust for making their lives or societies better.
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“a conceivably seminal contribution to this debate on economic systems and their place in human and natural systems.” – Steve Keen
“Some of his insights will no doubt become the key building blocks of the new economics the world needs so desperately today.” – Richard Koo
“This remarkable volume presents the full range of opinions on MMT, from its enthusiastic proponents to its severest critics” – John King
—– look inside —– $5.94 / $20.00
—– look inside —– $4.90 / $8.00
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—— Ugarteche, Puyana and Madi ——
Gerson Lima / Maria Alejandra Madi
Edward Fullbrook and Jamie Morgan
————— Michael Hudson ————–
Maria Alejandra Madi / Jack Reardon
————- Edward Fullbrook ————-
—————— Steve Keen —————–
————— Richard Smith —————
————– Gustavo Marques————
– Victor Beker and Beniamino Moro –
————– Lars Pålsson Syll ————-
—————– Stuart Birks —————-
Edward Fullbrook and Jamie Morgan
———— Armando Ochangco ———-
Shimshon Bichler / Jonathan Nitzan
————— Mauro Gallegati ————–
————— Herman Daly —————-
————— Asad Zaman —————
—————– C. T. Kurien —————
————— Robert Locke —————-
Thanks for this rather realistic picture. But since when did the dismal science gain royal status?
Paul Samuelson.
How about public trust in pollsters?
I, as an historian, have been telling you economists to trust my work for 10 tears on this blog. Result, zero comment.
There’s nothing like the reality inverting and problem resolving effects of a paradigm change in a body of knowledge….to re-establish trust in it and its professionals.
See my comment on this theme:
https://rwer.wordpress.com/2019/12/03/what-is-wrong-with-mainstream-economics/#comment-161963
It’s no more a science than astrology or reading chicken guts. You just have fancy computers and impressive looking formulae and even have your own ‘Nobel Prize’ for whoever comes up with the most unfathomable new theorem that is, secretly, meaningless to everyone.
As with politicians, the public can see you have no clothes, so the YouGov poll probably surprises nobody but economists.
Economics is a discipline without discipline and a tool that provides nothing in return for its use that is of benefit to the community. In the present day many politicians share these faults. But at least they provide a benefit as the butt of millions of jokes. Economists are generally too scary to be the butt of jokes. They actually believe the form they give to economic life is the only form it can or should take. That’s authoritarianism no matter how you slice it. And they have lots of powerful friends in high places who can make this “perfect” (to borrow Donald Trump’s word) economy the only economy.