[lbo-talk] Larry Summers on the academic hiearchy

Doug Henwood dhenwood at panix.com
Fri Feb 17 09:20:08 PST 2006


Jim Devine wrote:


>this attitude is very common among economists. very common. It's
>amazing that old Larry expressed it publicly.
>
>My attitude is that the problem is that the topics covered by
>sociology are just _more difficult_ than those covered by economics,
>and economists are clever enough to try to answer the easier
>questions. Interpersonal relations, culture, tradition, etc. are much
>more complex than markets.

Markets are pretty complex, since they're about complex social interactions, but economists finesse that with a lot of math.

Didn't your old college roomie Paul Krugman say that bad economists get reincarnated as sociologists?

Doug



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