I had trouble getting out of bed this morning, so to help get me going I decided to read an essay about economics. And I ran back into a treat of an essay I think we should all read. This is Modern Economics and its Critics, 1: by Partha Dasgupta.
His focus is explicitly on what economists actually “do”, noting that economists tend to focus on small questions we can actually go someway to answering – and that economists through economics, in no way, try to derive sweeping universal rules for society. Furthermore, the focus of economists, and the assumptions economists make, are a product of their times and the questions that “matter”.
My favourite quote though:
I said earlier that modern economics treats people with respect; it does not regard them as mere dupes and foils of Business and Government.