Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the jetpack domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the avia_framework domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131

Warning: Cannot modify header information - headers already sent by (output started at /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php:6131) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/feed-rss2-comments.php on line 8
Comments on: Incentive problems in econ? http://www.tvhe.co.nz/2010/01/04/incentive-problems-in-econ/ The Visible Hand in Economics Sun, 17 Jan 2010 21:06:22 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: pdf search http://www.tvhe.co.nz/2010/01/04/incentive-problems-in-econ/#comment-22637 Sun, 17 Jan 2010 21:06:22 +0000 http://www.tvhe.co.nz/?p=4592#comment-22637 The problem is that academic and applied economists are both referred to as ‘economists’.

]]> By: maplestory power leveling http://www.tvhe.co.nz/2010/01/04/incentive-problems-in-econ/#comment-22516 Tue, 05 Jan 2010 13:00:01 +0000 http://www.tvhe.co.nz/?p=4592#comment-22516 I think i am afraid of people around them have such understanding can be regarded as yet another dark psychological credentials, after all, but also hate people stand together with me, hand, hope that all the Other women can stand in opposition to making fun of me, I, I am pleased to enjoy such a dilemma, are confused and force millions of households of women look at me with a pleased expression of how to spend her old age alone.

]]> By: rauparaha http://www.tvhe.co.nz/2010/01/04/incentive-problems-in-econ/#comment-22508 Tue, 05 Jan 2010 02:22:50 +0000 http://www.tvhe.co.nz/?p=4592#comment-22508 @Matt Nolan
I see theorists and applied researchers as almost analogous to physicists and engineers. I’m not sure that I’d actually distinguish between academic and non-academic economists. I don’t think that distinction has a lot of merit since many academics do work on very practical, interesting problems. At the same time, a lot of economists – both academic and otherwise – appear to add little of value.

I’m still convinced that the value of many private economists is no greater than that of professional investors: they just serve to reassure people that ‘something is being done’ while actually doing nothing of economic interest. Not that there’s no merit in making people feel happier and more secure!

]]> By: Matt Nolan http://www.tvhe.co.nz/2010/01/04/incentive-problems-in-econ/#comment-22504 Tue, 05 Jan 2010 01:56:08 +0000 http://www.tvhe.co.nz/?p=4592#comment-22504 @rauparaha

My guess is that astronomers are interested in understanding the “actual functioning of objects outside the Earth’s atmosphere”.

Surely to do economics at all you have to have a goal of actually looking at something related to the actual economy right. What is the ultimate goal of academic economics if it has nothing to do with the actual economy?

Now I think academic economists do hold some ultimate view on how their work relates to the actual economy – I am just surprised to hear so many grad students saying it doesn’t matter at all.

]]> By: rauparaha http://www.tvhe.co.nz/2010/01/04/incentive-problems-in-econ/#comment-22503 Tue, 05 Jan 2010 01:50:08 +0000 http://www.tvhe.co.nz/?p=4592#comment-22503 The problem is that academic and applied economists are both referred to as ‘economists’. That causes confusion because they have very different roles. They really need different titles, just like astronomers and astrologers, or scientists and scientologists. You assign those across the practitioners and academics according to your personal prejudices 😉

]]> By: Paul Walker http://www.tvhe.co.nz/2010/01/04/incentive-problems-in-econ/#comment-22487 Sun, 03 Jan 2010 22:40:45 +0000 http://www.tvhe.co.nz/?p=4592#comment-22487 If these guys are heading into the academic world, the statement is right! The real world is unimportant.

]]>