Cartoon: Economists socially

Via the always excellent SMBC.

I would say this is a close approximation to how I operate in town – I just usually forget the notepad 😉

On a more serious note, it is true that people who do economics do tend to be very analytical about social situations – that is the field we work in, that is what we do, and we are a self-selected group that does that.  It reminds me of that facetious paper that did an anthropological analysis of economists – does anyone know where that is so I can link it here?  UpdateHere, thanks Eric Crampton.

10 replies
  1. Matt Nolan
    Matt Nolan says:

    @rauparaha

    “Thus, in explaining to a stranger, for example, why he holds Sociogs or the Polsci in such low regard, the Econ will say that “they do not make modls” and leave it at that”.

    Pure awesome.

  2. rauparaha
    rauparaha says:

    @Matt Nolan
    Only if you mean emergence in a very weak sense. Otherwise there would be observational evidence without an explanatory, reductionist model. Perhaps it’s a poor example but is there a reductionist model for humans’ time preference? If so, I haven’t seen it often cited by economists when they choose a discount rate for their modl.

  3. Matt Nolan
    Matt Nolan says:

    @rauparaha

    Ahhh, Mill style deductivism aye. I would note that these “internally found” parameters are just given facts – you can’t reduce down past them. Where possible, it would be nice to use psychological models to build these – and that is one area of research no?

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