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Quit lying and address the controversies: there are no dogmata, laws, rules or standards in the science of economics

  • Becker, William E.

As with other sciences, the author argues that there are no unquestionable ideas in economics, and attempts to impose "No Child Left Behind" K-12 type "technical standards" in universities will turn higher education in economics into remedial education. Students need to learn that the very nature of a science is to have unresolved topics and an on-going scrutiny of theories no matter how steeped they are in tradition. He provides examples to show how the dumbing down of economics to the dogmatic preaching of a few simple concepts, principles, and axioms of old misses the excitement of modern day economics and is a deceitful representation of the science of economics and a disservice to students seeking a higher education.

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File URL: http://mpra.ub.uni-muenchen.de/39958/1/MPRA_paper_39958.pdf
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 39958.

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Date of creation: 2007
Date of revision:
Publication status: Published in American Economist 1.51(2007): pp. 3-14
Handle: RePEc:pra:mprapa:39958
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Web page: http://mpra.ub.uni-muenchen.de

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  1. Becker, William E & Greene, William & Rosen, Sherwin, 1990. "Research on High School Economic Education," American Economic Review, American Economic Association, vol. 80(2), pages 14-22, May.
  2. Charles A. Holt & Susan K. Laury, 1997. "Classroom Games: Voluntary Provision of a Public Good," Journal of Economic Perspectives, American Economic Association, vol. 11(4), pages 209-215, Fall.
  3. John List, 2003. "Does market experience eliminate market anomalies?," Natural Field Experiments 00297, The Field Experiments Website.
  4. Becker, William E., 2004. "Good-byE old, hello new in teaching economics," Australasian Journal of Economics Education (AJEE), University of Queensland, School of Economics, vol. 1(1), pages 5-17, March.
  5. Simon P. Anderson & Maxim Engers, 2002. "A Beautiful Blonde: a Nash coordination game," Virginia Economics Online Papers 359, University of Virginia, Department of Economics.
  6. William E. Becker, 2004. "Economics for a Higher Education," International Review of Economic Education, Economics Network, University of Bristol, vol. 3(1), pages 52-62.
  7. William E. Becker, 1997. "Teaching Economics to Undergraduates," Journal of Economic Literature, American Economic Association, vol. 35(3), pages 1347-1373, September.
  8. Lewis, Ben W, 1970. "A Retrospective Look at Undergraduate Economics," American Economic Review, American Economic Association, vol. 60(2), pages 370-75, May.
  9. Charles A. Holt, 1996. "Classroom Games: Trading in a Pit Market," Journal of Economic Perspectives, American Economic Association, vol. 10(1), pages 193-203, Winter.
  10. Michael Pickhardt, 2005. "Teaching Public Goods Theory With a Classroom Game," The Journal of Economic Education, Taylor & Francis Journals, vol. 36(2), pages 145-159, April.
  11. Peter Hans Matthews, 2001. "Positive Feedback and Path Dependence Using the Law of Large Numbers," The Journal of Economic Education, Taylor & Francis Journals, vol. 32(2), pages 124-136, January.
  12. Becker, William E, Jr, 1979. "Professorial Behavior Given a Stochastic Reward Structure," American Economic Review, American Economic Association, vol. 69(5), pages 1010-17, December.
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