Quit lying and address the controversies: there are no dogmata, laws, rules or standards in the science of economics
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.
|Date of creation:||2007|
|Date of revision:|
|Publication status:||Published in American Economist 1.51(2007): pp. 3-14|
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Web page: http://mpra.ub.uni-muenchen.de
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- John List, 2003.
"Does market experience eliminate market anomalies?,"
Natural Field Experiments
00297, The Field Experiments Website.
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- 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.
- 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.
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