create account

Academics who don't do their homework. by honeybee

View this thread on: hive.blogpeakd.comecency.com
· @honeybee ·
$16.22
Academics who don't do their homework.
[![](https://cdn.steemitimages.com/DQmSE1hLCKDoGrdPmLPRes2dhu87VBVoyaM3arMwZnJDiu8/image.png)](https://www.nybooks.com/articles/2019/12/05/against-economics)

> "There is a growing feeling, among those who have the responsibility of managing large economies, that the discipline of economics is no longer fit for purpose."

And there's the first error, the assumption that there is anyone who can manage large economies. He's right that economics is not fit for that purpose - the curious task of economics is to explain to you why nobody and no discipline is fit for that purpose.

But by god we *want* it to be possible, so it *must* be possible, and if economics was just done the way we non-economists really wish it was done, then it *would* be possible.

Time for another installment in my occasional series critiquing academics who drive out of their lane without doing their homework.

Not only does this boom review go on for about 1800 words before mentioning the book it's allegedly reviewing, but those pixels are devoted to this anthropologist explaining why economists are wrong about economics, and in so doing he fails to demonstrate that he has given even unserious study of the field. By this guy's own standard any economist whose sole exposure to anthropology is facing read a Margaret Mead book as an undergrad is fully qualified to tell anthropologists how they're doing it all wrong.

It's easy to see how complicated one's own field is, because one has spent a lot of time studying it. And it's then easy to underestimate how difficult another field is precisely because you haven't studied it. But any well educated person ought to have an awareness that there are surely going to be depths in that other field he doesn't know about, and walk with trepidation.

This is the effect of ideology, though. Even the well educated are intellectually perverted by it. We know something must be true, because that's how we want the world to work.

Academia's full of fools.
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 31 others
👎  ,
properties (23)
authorhoneybee
permlinkacademics-who-dont-do-their-homework-1573917612
categoryreview
json_metadata{"tags":["review","academics","anthropology","economics","ideology"],"links":[],"app":"steemauto/0.02","format":"markdown"}
created2019-11-16 17:20:15
last_update2019-11-16 17:20:15
depth0
children2
last_payout2019-11-23 17:20:15
cashout_time1969-12-31 23:59:59
total_payout_value8.400 HBD
curator_payout_value7.824 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,990
author_reputation758,206,812,333,500
root_title"Academics who don't do their homework."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id92,558,612
net_rshares54,248,946,179,968
author_curate_reward""
vote details (97)
@spectrumecons ·
You are right that economies cannot be managed. I think the success rate has been pretty low and any success has been very short-term. 

I think most of the fundamentals of economics haven't changed. We all still have needs and wants and we all need to establish how to meet those needs and wants. 

Application of economics needs to constantly change to keep up with developments. This also depends on how economics is being used as well. Some economists use it to explain what is happening in the the world while others use to it predict what will happen and many do a bit of both.

properties (22)
authorspectrumecons
permlinkre-honeybee-q13zho
categoryreview
json_metadata{"tags":["review"],"app":"steempeak/2.1.1"}
created2019-11-17 10:22:51
last_update2019-11-17 10:22:51
depth1
children0
last_payout2019-11-24 10:22:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length585
author_reputation290,510,779,636,630
root_title"Academics who don't do their homework."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id92,576,290
net_rshares0
@tts ·
To listen to the audio version of this article click on the play image.
[![](https://s18.postimg.org/51o0kpijd/play200x46.png)](http://ec2-52-72-169-104.compute-1.amazonaws.com/honeybee__academics-who-dont-do-their-homework-1573917612.mp3)
Brought to you by [@tts](https://steemit.com/tts/@tts/introduction). If you find it useful please consider upvoting this reply.
👎  
properties (23)
authortts
permlinkre-academics-who-dont-do-their-homework-1573917612-20191116t192832
categoryreview
json_metadata""
created2019-11-16 19:28:33
last_update2019-11-16 19:28:33
depth1
children0
last_payout2019-11-23 19:28:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length367
author_reputation-4,535,154,553,995
root_title"Academics who don't do their homework."
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id92,561,344
net_rshares-21,739,191
author_curate_reward""
vote details (1)