I find his post incredibly uncompelling. I believe he’s arguing against a straw man; economists in the real world doing real work involving real dollars are painfully aware of the issues he brings up.
My guess is that his experience in economics is heavily influenced by his PhD work and that he’s arguing against “economics as he experienced it at universities” as opposed to “economics as practiced by professionals in a real economy”.
I find his post incredibly uncompelling. I believe he’s arguing against a straw man; economists in the real world doing real work involving real dollars are painfully aware of the issues he brings up.
My guess is that his experience in economics is heavily influenced by his PhD work and that he’s arguing against “economics as he experienced it at universities” as opposed to “economics as practiced by professionals in a real economy”.
If practioners need to go way beyond and above the theory that does underline how hollow the theory is