Imagine that you sit down one day with some friends and announce that you are going to invent economics. Great. Economics, you say, will be the study of the economy and its various properties. Great again. Hmmm. Now comes the hard part. What, exactly, is an economy? Gulp. I don’t know. Do you. It’s sort […]

Lars Syll seems to have started a perpetual conversation when he posted a comment about Tony Lawson’s longstanding complaints about realism in economics. I don’t want to get dragged into what appears to be an endless, and pointless, debate … but. The debate is endless because some economists seem to thrive on endlessness. That is to […]