[W]e should demand greater intellectual rigour when shaping and communicating economic policy.Well said!
I do not want to hear economists use their professional position to embellish pre-existing ideological, and often alarmist, narratives. I do want quantitative and political economists to deploy their unique tool sets to tell me about the fearsome trade-offs we have to address if we are to continue civilisation’s long march of human progress. I want to hear the language of innovation, uncertainty, optionality and risk, not wearisome political rhetoric and claims of spurious certainty.
Monday, August 16, 2010
Wanted from Experts
In today's FT, David Schofield has a letter on describing what he wants to see from economists. I think that his request could be more generally applied to experts from all fields: