Douglas K. Smith Asks Me to Assign Him Some Readings...
He writes:
Doug Smith: Shock Therapy For Economics, Part 1: Now, in the spirit of helping orthodox economics move beyond culturally induced ignorance, let’s pose some exam questions regarding what DeLong found so shocking. We’ll do this by looking at each shocking element; and, then, for extra credit, ask some ‘dog that didn’t bark’ as well as curricular and epistemological questions. There’s no intention here of attacking DeLong personally. But these exam questions are specifically and clearly directed at him as well as other mainstream economists. Yes, tenured professors are more comfortable giving exams than submitting to them. Well, that’s one of the many things that must change if economics and economists are to emerge from this crisis with anything more than warmed-over excuses and rationalizations...
I recommend that Mr. Smith read my What Have We Unlearned from Our Great Recession? and Battered and Beaten. I think that will cover it.
