Symposium on Dani Rodrik’s Economics Rules

The latest issue of the Journal of Economic Methodology (2018, 25/3) is a special issue on Dani Rodrik’s Economic Rules. It consists of the following articles: Philosophy of Economics Rules: introduction to the symposium – N. Emrah Aydinonat. doi: 10.1080/1350178X.2018.1503143 Pre-print available on ResearchGate. Rights and wrongs of economic modelling: refining Rodrik – Uskali Mäki. AvailableContinue reading “Symposium on Dani Rodrik’s Economics Rules”

Philosophy of Economics Rules: introduction to the symposium

ABSTRACT: Economists have long been criticized for their use of highly idealized models. In Economics rules: Why economics works, when it fails, and how to tell the difference [Oxford: Oxford University Press, 2015] Dani Rodrik responds to this criticism by offering an account of models that emphasizes the diversity of models in economics. Rodrik’s account presentsContinue reading “Philosophy of Economics Rules: introduction to the symposium”

The diversity of models as a means to better explanations in economics

ABSTRACT. In Economics Rules, Rodrik [(2015). Economics rules: Why economics works, when it fails, and how to tell the difference. Oxford: Oxford University Press] argues that what makes economics powerful despite the limitations of each and every model is its diversity of models. Rodrik suggests that the diversity of models in economics improves its explanatory capacities, butContinue reading “The diversity of models as a means to better explanations in economics”

Economics Students Review Rodrik’s Economics Rules

Dani Rodrik’s excellent new book Economics Rules was one of the required readings for my Comparative Schools of Economic Thought course at Boğaziçi University (Istanbul, Turkey). Below are some of the reviews written for this course. Enjoy!   Pietro Trevisan Volta: Dani Rodrik’s Economic Rules: Defending economics against economists? A critical review [PDF] Ipek Kavasoglu: From Weakness To Strength: A Review of DaniContinue reading “Economics Students Review Rodrik’s Economics Rules”

Using and Abusing Models in Economics: A Review of Rodrik’s Economics Rules

“There is much to criticize in economics, but there is also much to appreciate” Dani Rodrik (in Economics Rules, p. ix) Dani Rodrik’s new book Economics Rules: The Rights and Wrongs of the Dismal Science will be available soon. Here is an early quick review of the book. If you do not have much time, hereContinue reading “Using and Abusing Models in Economics: A Review of Rodrik’s Economics Rules”