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Where Economics Went Wrong: A Review Essay

机译：经济学出错的地方：审查论文

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In their recent book, Where Economics Went Wrong, David Colander and Craig Freedman (2019) argue that economics went wrong when it abandoned the Classical liberal firewall that demanded separation of scientific theory from the art of policy making. Colander has long advanced the idea that applied economics should be classified neither as positive nor as normative economics. Instead, it should be placed in a third category, "the art of economics"; art requires vision and acumen in addition to knowledge and technique, and is thus more akin to engineering than the natural sciences. The primary contribution of Where Economics Went Wrong is thus to advance Colander's general argument through the specific story of Chicago economics. This essay make two interconnected claims. First, while I agree with Colander and Freedman that applied economics would benefit from more art and less calculation, the Chicago school is not the best vehicle by which to tell a convincing story. Second, a thicker history of the Chicago school reminds us of the importance of institutions and rules, not only for understanding the economy but also for thinking about how economists have constructed our discipline and how internal institutions and incentives affect our behavioral choices.
机译：在他们最近的书中，经济学出错的地方，大卫·克罗兰德和克雷格·弗里德曼（2019年）认为，当它放弃了古典的自由防火墙时，经济学出错了，这些自由防火墙要求科学理论从政策制定艺术中分离。漏勺已经长期提出了应用经济学的想法，既不是积极也不是规范性经济学。相反，它应该被放置在第三类，“经济艺术”;除知识和技术外，艺术还需要视力和敏锐，因此比自然科学更像是工程。经济学出错的主要贡献因此，通过芝加哥经济学的具体故事推动漏勺的一般论证。本文制作了两个互联的索赔。首先，虽然我同意漏勺和自由人，所应用的经济学将受益于更多艺术和较少的计算，但芝加哥学校不是讲述令人信服的故事的最佳车辆。其次，芝加哥学校的较厚历史提醒我们机构和规则的重要性，不仅用于了解经济，而且还要考虑经济学家如何构建我们的纪律以及内部机构和激励如何影响我们的行为选择。

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