The paradox of popularity in economics
Diane Coyle ()
Journal of Economic Methodology, 2012, vol. 19, issue 3, 187-192
This special issue collects papers presented at the EIPE Conference ‘Economics Made Fun in the Face of the Economic Crisis’ held on 10--11 December 2010 in Rotterdam. The central theme of the conference was the tension between the bold claim in Economics Made Fun books that economics can explain the hidden side of everything and the apparent failure of economics to foresee, let alone prevent the financial crisis. Economics is understandably unpopular as a subject because of the financial crisis, and yet the popular appetite for economics seems only to have increased in recent years. In this Introduction to the special issue I want to explore some reasons that might explain this paradox.
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