Thin men acting in small worlds – or why economic models are both unreal and irrelevant

Good piece by Lars Syll (Thin men acting in small worlds – or why economic models are both unreal and irrelevant).  I don’t really have much more to add, other than to reiterate my frustration with a discipline that is far more fascinated with developing models of non-existent worlds than it is in developing theories of reality.  Once again, the ideological underpinnings of the discipline are in full display when kudos are given to “rigorous” models that are chock-full of “not of this world” assumptions but overlap quite nicely with the prejudices of capitalist culture.

About Mayo Toruño

Professor and Chair of Economics Department, California State University San Bernardino
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