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description= 15 posts published by Lars Syll during December 2015;
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lame
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nts represent a kind of methodological straitjacket that crowds out new thinking but it is easy to exaggerate the rigidity of the rules within which the profession operates although rodrik often likes to present himself as a kind anti establishment economics iconoclast when it really counts he shows what he is a mainstream neoclassical economist fanatically defending the relevance of standard economic modeling strategies so all you young economics students that want to see a real change in economics and the way it s taught now you know where you have rodrik mankiw krugman co if you really want something other than the same old mainstream neoclassical catechism if you really don t want to be force fed with mainstream neoclassical deductive axiomatic analytical formalism you have to look elsewhere heterodox economics in the first instance is a rejection of a very specific form of methodological reductionism it is a rejection of the view that formalistic methods are everywhere and always appropriate tony lawson share on facebook opens in new window facebook share on x opens in new window x share on bluesky opens in new window bluesky radikal ja neoklassiker nej 18 dec 2015 at 20 37 posted in economics comments off on radikal ja neoklassiker nej de flesta vetenskaper ägnar sig åt teoretiska förenklingar av något slag det tror jag inte någon ifrågasätter vad frågan gäller är vad för slags teoretiska förenklingar man jobbar med och just här är kontrasten mellan ekonomisk teori och till exempel fysiken frapperande där fysiken kan göra både materiella och ideella galileiska experiment om galileiska experiment kan man läsa i vetenskapsteoretikern nancy cartwrights hunting causes and using them approaches in philosophy and economics cup 2007 och komma fram till genuina sanningar om den empiriska världen så saknar neoklassiska ekonomer vare sig de betraktar sig som radikala eller ej med sina teorier denna möjlighet i robert lucas analoga ekonomier eller robert sugdens surrogatmodeller uppnår vi förvisso verifikationsmässig deduktivitet genom att bland annat tillskriva dessa ekonomier karakteristika som kan representeras matematiskt men endast till priset av bristande extern validitet där fysiken har high leverage med sina magra lagar och principer kommer ekonomen ingen vart alls utan en massa extra antaganden kruxet för ekonomen men inte fysikern är att konklusionernas validitet beror nästan uteslutande på alla dessa speciella antaganden som måste göras för att säkerställa deduktionen och det är precis detta som är problemet för de som betraktar sig som i någon mening radikala och ändå väljer att använda sig av den neoklassiska nationalekonomin för visst kan de visa allt det de vill med denna teori men de kan också visa på raka motsatsen när de ska tillämpa sin teori empiriskt hänger det i väldigt liten utsträckning på teorin som sådana om de ska kunna säga något som är empiriskt relevant utan nästan uteslutande på specialantagandena därutöver därav följer också att hela argumentationen för en radikal nationalekonomi byggd på detta teorifundament är en non sequitur problemet som jag och andra vetenskapsteoretiskt orienterade forskare försökt få neoklassiska ekonomer att begripa är att ekonomimodellernas rigorösa och exakta slutsatser verkar hopplösa att validera utanför modellerna och vad har vi då för glädje eller nytta av dem min huvudkritik mot alla som försöker använda sig av det deduktivistiska neoklassiska paradigmet och dess olika instantieringar vare sig man är radikal eller ej är att de är gravt problematiska ur vetenskapsteoretisk och metodologisk synpunkt det neoklassiska nationalekonomer radikala eller ej gör är i stället att se åt andra hållet och få det att framstå som om neoklassisk teori skulle stå över all kritik så länge man inte kan visa fram något alternativ som skulle vara bättre jag tror att de flesta nog ändå tycker att man kan resa kritik mot teorier modeller paradigm utan att man nödvändigtvis först ska ha visat att det eventuellt finns något som är bättre om något inte är bra ska det kunna kritiseras vare sig det finns alternativ eller ej att hävda något annat är att göra det alldeles för lätt för sig när någon påpekar att kejsaren inte har några kläder bör vi åtminstone försöka bemöta detta påstående och inte bara vifta bort det med argumentet att ingen annan bär upp klädskruden bättre än han om det är verkliga konkreta empiriska relevanta ekonomiska sakförhållanden vi vill analysera och förstå förstår jag inte varför vi ska ta omvägen om en orealistisk irrelevant axiomatisk deduktiv teori som bygger på för att tala med friedrich hayek kvasi allvetande individer och möjligen kan betraktas som sann a priori men som när den tillämpas saknar det berättigande som uppstår när vår hypotetiska värld liknar situationen i den verkliga världen econometrics playing tennis with the net down 18 dec 2015 at 11 19 posted in statistics econometrics comments off on econometrics playing tennis with the net down suppose you test a highly confirmed hypothesis for example that the price elasticity of demand is negative what would you do if the computer were to spew out a positive coefficient surely you would not claim to have overthrown the law of demand instead you would rerun many variants of your regression until the recalcitrant computer finally acknowledged the sovereignty of your theory only the naive are shocked by such soft and gentle testing easy it is but also wrong when the purpose of the exercise is not to use a hypothesis but to determine its validity econometric tests are far from useless they are worth doing and their results do tell something but many economists insist that economics can deliver more much more than merely more or less plausible knowledge that it can reach its results with compelling demonstrations by such a standard how should one describe our usual way of testing hypotheses one possibility is to interpret it as blaug the methodology of economics 1980 p 256 does as playing tennis with the net down perhaps my charge that econometric testing lacks seriousness of purpose is wrong but regardless of the cause it should be clear that most econometric testing is not rigorous combining such tests with formalized theoretical analysis or elaborate techniques is another instance of the principle of the strongest link the car is sleek and elegant too bad the wheels keep falling off a room with a view personal 17 dec 2015 at 20 42 posted in varia comments off on a room with a view personal after almost forty years in lund yours truly last year returned to the town where he was born and bred malmö living on the top floor of this grandiose building next to the magistrate s park and with the opera and the municipal art gallery just across the street always convinces me returning was a good decision dani rodrik s pseudo pluralism iii 17 dec 2015 at 15 20 posted in economics comments off on dani rodrik s pseudo pluralism iii in dani rodrik s economics rules the proliferation of economic models during the last twenty thirty years is presented as a sign of great diversity and abundance of new ideas rather than a single specific model economics encompasses a collection of models economics is in fact a collection of diverse models that do not have a particular ideological bent or lead to a unique conclusion the possibilities of social life are too diverse to be squeezed into unique frameworks but each economic model is like a partial map that illuminates a fragment of the terrain different contexts require different models when models are selected judiciously they are a source of illumination the correct answer to almost any question in economics is it depends different models each equally respectable provide different answers but again it s not really that simple just as colander holt and rosser argued twenty years ago in the changing face of mainstream economics rpe vol 16 2004 rodrik also wants to purvey the view that mainstream economics is an open and pluralistic let thousand flowers bloom science but in reality it is rather plus ça change plus c est la même chose why because almost all the change and diversity that rodrik applauds only takes place within the analytic formalistic modeling strategy that makes up the core of mainstream economics all the flowers that do not live up to the precepts of the mainstream methodological canon are pruned you re free to take your analytical formalist models and apply it to whatever you want as long as you do it colander et al p 492 with a careful understanding of the strengths of the recent orthodox approach and with a modeling methodology acceptable to the mainstream if you do not follow this particular mathematical deductive analytical formalism you re not even considered doing economics if it isn t modeled it isn t economics this isn t pluralism it s a methodological reductionist straightjacket so even though we have seen a proliferation of models it has almost exclusively taken place as a kind of axiomatic variation where the core assumptions ca are usually untouched within the standard urmodel which is always following an unwritten but impregnable rule used as a self evident bench mark seen from the perspective presented here that is actually just another variant of theory immunization when the preferred axiomatic specification fails we obviously don t have a case of perfect competition auxiliary assumption aai just switch from aai to aaj e g monopolistic competition in rodrik s world p 71 newer generations of models do not render the older generations wrong or less relevant but simply expand the range of the discipline s insights i don t want to sound derisory or patronizing but although it s easy to say what rodrik says we cannot have our cake and eat it analytical formalism doesn t save us from either specifying the intended areas of application of the models or having to accept them as rival models facing the risk of being put to the test and found falsified the insistence on using analytical formalism and mathematical methods comes at a high cost it often makes the analysis irrelevant from an empirical realist point of view applying closed analytical formalist mathematical deductivist axiomatic models built on atomistic reductionist assumptions to a world assumed to consist of atomistic isolated entities is a sure recipe for failure when the real world is known to be an open system where complex and relational structures and agents interact validly deducing things in models of that kind doesn t much help us understanding or explaining what is taking place in the real world we happen to live in validly deducing things from patently unreal assumptions that we all know are purely fictional makes most of the modeling exercises pursued by mainstream economists rather pointless it s simply not the stuff that real understanding and explanation in science is made of had rodrik not been so in love with his smorgasbord of models he would have perceived this too just telling us that the plethora of models that make up modern economics expand the range of the discipline s insights is nothing short of hand waving no matter how many thousands of models mainstream economists come up with as long as they are just axiomatic variations of the same old mathematical deductive ilk they will not take us one single inch closer to giving us relevant and usable means to further our understanding and explanation of real economies nu krävs en expansiv finanspolitik 17 dec 2015 at 10 24 posted in economics 1 comment yours truly lars ahnland och rodney edvinsson skrev häromdagen i svenska dagbladet om behovet av nytänk inom penningpolitiken hans palmstierna och martin moraeus kommenterade ett par dagar senare artikeln igår skrev vi i vår slutreplik sverige befinner sig i dag i en situation som är obehagligt lik en likviditetsfälla i en sådan blir penningpolitiken verkningslös eftersom företagen slutar att låna till investeringar och istället amorterar sina befintliga lån trots negativ ränta och kraftig expansion av penningmängden har riksbanken misslyckats med att uppnå sitt inflationsmål dessutom har resursutnyttjandet och köpkraften utvecklats svagt i många år det enda som inflateras är bostadspriserna om dessa plötsligt börjar sjunka medan skulderna stiger i värde kommer köpkraften och därmed investeringsviljan att sjunka än mer då blir likviditetsfällan till ett slukhål pengar i sig skapar inte resurser men de kan vara ett smörjmedel för att befintliga resurser utnyttjas problemet idag är att det privata banksystemet har misslyckats att skapa pengar för nödvändiga investeringar istället går lånen till en skenande bostadsmarknad därför krävs nu kraftigt expansiv finanspolitik som måste finansieras med nya pengar det låga resursutnyttjandet visar att det finns stora möjligheter det gäller särskilt bostadsbyggandet som legat på en europeisk bottennivå i snart tjugo år förslagsvis skulle ett nytt klimatsmart miljonprogram kunna lösa inte bara bostadsbristen utan mildra en mängd andra problem också det skulle dämpa prisuppgången på bostäder och därmed hushållens skuldsättning och skapa mängder av nya jobb även för flyktingar om dessa utbildas rätt det skulle även hjälpa sverige på traven att nå de klimatmål som satts upp i paris added och thomas gür är tydligen upprörd över att vi påpekar vad som för alla som kan åtminstone en gnutta ekonomihistoria är välkänt att åtstramningspolitiken på 1930 talet medförde en massarbetslöshet som underlättade nazisternas maktövertagande i tyskland ja vad ska man säga man tager sig för pannan next page recent posts why everyone should study economics finding the money why i m not a neo ricardian rubin on causal inference northern lights what is this thing called rigour att uppfinna det politiska uncertainty and probability what is this thing called probability top 10 books on causal inference the dangers of using ungrounded idealisations klimat och ojämlikhet två sidor av samma mynt on logic and truth in science regeringens helrenovering av friskolorna experiment en metod med förhinder comments policy i like comments follow netiquette comments especially anonymous ones with pseudo argumentations abusive language or irrelevant links will not be posted and please remember being a full time professor leaves only limited time to respond to comments recent comments jan wiklund on why i m not a neo r lars syll on what is this thing called will r on what is this thing called lars syll on what is this thing called lesdomes on what is this thing called lesdomes on on logic and truth in sci lesdomes on statistics and causality lars syll on statistics and causality eric bradway on what adorno understood about t the frog on what adorno understood about t lesdomes on statistics and causality jan wiklund on what adorno understood about t jan milch on risksamhällets konturer fredtorssander on arbetslöshetssiffran som styr jan wiklund on 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