There are good reasons to think that moderating causes have an important role general in explaining development and growth. Why? The growth process is apparently strongly affected by what economists call complementarities. Complementarities exist when the action of an agent or the existence of practice affects the marginal benefit to another agent taking an action […]
Theory of Science & Methodology
Psychology professor Susan Fiske doesn’t like when people use social media to publish negative comments on published research. She’s implicitly following what I’ve sometimes called the research incumbency rule: that, once an article is published in some approved venue, it should be taken as truth. I’ve written elsewhere on my problems with this attitude — […]
Methods for warranting causal claims fall into two broad categories. There are those that clinch the conclusion but are narrow in their range of application; and those that merely vouch for the conclusion but are broad in their range of application. Derivation from theory falls into the first category, as do randomized clinical trials (RCTs), […]
Mainstream economics is at its core in the story-telling business whereby economic theorists create make-believe analogue models of the target system – usually conceived as the real economic system. This modelling activity is considered useful and essential. Since fully-fledged experiments on a societal scale as a rule are prohibitively expensive, ethically indefensible or unmanageable, economic […]
Social scientists pursue a variety of different purposes such as predicting events of interest, explaining individual events or general phenomena, and controlling outcomes for policy. It is interesting to note that the language of“cause” is employed in all these contexts … What kind of causal hypothesis should be investigated (and, in tandem, what kind of […]
Preference-based discrimination is based on the fact that, for example, employers, customers, or colleagues have a dislike for those who belong to a certain group. Such discrimination can lead to wage differences between discriminated and non-discriminated groups. However, competition can undermine these wage differences, as non-discriminatory employers will make greater profits and drive discriminatory employers […]
. In mainstream economics, both logic and mathematics are used extensively. And most mainstream economists sure look upon themselves as “twice blessed.” Is there any scientific ground for that blessedness? None whatsoever! If scientific progress in economics lies in our ability to tell ‘better and better stories’ one would, of course, expect economics journals to […]
What enables and yet constrains research? What is both medium and outcome of research? What do researchers reproduce without even knowing it? What is supposed to unite researchers but may divide them? What empowers researchers to speak but is never fully articulated? What is played out in the routine of research but can never be […]
. . If you’d like to learn more on the issue, have a look at James Surowiecki’s The Wisdom of Crowds (Anchor Books, 2005) or Scott Page’s The Diversity Bonus (Princeton University Press, 2017).