The two images of economics: why the fun disappears when difficult questions are at stake?

Journal of Economic Methodology 19 (3):243-258 (2012)
Abstract
The image of economics got somewhat puzzling after the crisis of 2008. Many economists now doubt that economics is able to provide answers to some of its core questions. The crisis was not so fun for economics. However, this not so fun image of economics is not the only image in the eyes of the general public. When one looks at economics-made-fun (EMF) books (e.g. Freakonomics, The Undercover Economist, etc.), economics seems to be an explanatory science which is able to provide interesting, unconventional, entertaining and enlightening explanations for almost every aspect of our lives. Isn't there a great contradiction between these two images of economics? Not necessarily. The present paper explicates why. Nevertheless, the paper also shows that EMF books run the risk of creating a false sense of understanding and explains how one should read the basic insights provided by EMF books to remove this risk. The paper contrasts the EMF version of the explanation of the effects of mandatory seat belt laws with actual research concerning the subject to illustrate its arguments
Keywords No keywords specified (fix it)
Categories (categorize this paper)
Options
 Save to my reading list
Follow the author(s)
My bibliography
Export citation
Find it on Scholar
Edit this record
Mark as duplicate
Revision history Request removal from index
 
Download options
PhilPapers Archive


Upload a copy of this paper     Check publisher's policy on self-archival     Papers currently archived: 10,350
External links
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
Through your library
References found in this work BETA
Citations of this work BETA

No citations found.

Similar books and articles
Diane Coyle (2012). The Paradox of Popularity in Economics. Journal of Economic Methodology 19 (3):187-192.
Roger E. Backhouse (2012). Economics is a Serious and Difficult Subject. Journal of Economic Methodology 19 (3):231-241.
Daniel Hausman (2001). Explanation and diagnosis in economics. Revue Internationale de Philosophie 3:311-326.
Uskali Mäki (1996). Two Portraits of Economics. Journal of Economic Methodology 3 (1):1-38.
Daniel M. Hausman, Philosophy of Economics. Stanford Encyclopedia of Philosophy.
Analytics

Monthly downloads

Added to index

2012-10-03

Total downloads

13 ( #116,720 of 1,096,714 )

Recent downloads (6 months)

2 ( #162,598 of 1,096,714 )

How can I increase my downloads?

My notes
Sign in to use this feature


Discussion
Start a new thread
Order:
There  are no threads in this forum
Nothing in this forum yet.