Rationality, Markets and Morals

Studies at the Intersection of Philosophy and Economics

Rationality, Markets, and Morals: RMM 0 (2009), 151 – 156

Economists Have No Clothes

Abstract

Why have eco­no­mists had so litt­le meaningful to say about the 2008 cri­ses? Whe­re and when did the ‚sci­ence‘ get off the track? Can any­thing be done to res­to­re respec­ta­bi­li­ty to Eco­no­mics as a useful area of inquiry? This short essay exami­nes the­se questions.

Journal Information

RMM is an interdisciplinary publication focusing on issues of rationality, market mechanisms, and the experimental method of reasoning into moral subjects. It provides a forum for dialogue between philosophy, economics, and related disciplines, encouraging critical reflection on the foundations and implications of economic processes.