Because it is pointless adding to an already over stuffed vacuum. Economics as currently construed is a discussion about a small percentage of all economic activity. It is therefore incapable of making a contribution to improve the daily lives and/or prosperity of people whose lives are not totally included within the purview of its theorized […]

And while I am on the subject I see Krugman makes the case that “real economics”, aka supreme belief in market magic, may well not be that real after all. Then he throws this in: “Yes, much of micro can be derived rigorously from individual maximization plus equilibrium; but why, exactly, does that make it right?” […]