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January 2010 – Page 4 – TVHE

Archive for month: January, 2010

Filler: The Sweeney posts

January 5, 2010/in Government Policy, Political economy /by Matt Nolan

I am still feeling tired from Christmas, but my pre-set posts from before the break are now finished.

I did watch Sweeney Todd last night (the movie) and so will leave you with the two posts I did about the movie and welfare policies here and here. Be warned, there are spoilers.

Incentive problems in econ?

January 4, 2010/6 Comments/in Economic theory, Methodology /by Matt Nolan

So there has been discussion on incentive problems in economics here before (here, here, and here). However, now there seems to be a little bit of hard empirical evidence indicating that there is a problem.

It seems that 51% of graduate students at the top 15 US universities think that knowledge of the actual economy was “unimportant” for doing a degree in economics. These weren’t people saying “a little important” or “I’m not sure”, these are just the ones saying “it does not matter at all”.

Now, if the best graduate students do not believe that the actual economy matters for economics that suggests to me that there is a major incentive problem – the same sort of one that Rauparaha tried to convince me about so long ago

Filler: The Sweeney posts

Incentive problems in econ?

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