Re: Larry Summers on the academic hiearchy
Jim Devine wrote:
this attitude is very common among economists. very common. It’s amazing that old Larry expressed it publicly.
My attitude is that the problem is that the topics covered by sociology are just more difficult than those covered by economics, and economists are clever enough to try to answer the easier questions. Interpersonal relations, culture, tradition, etc. are much more complex than markets.
Markets are pretty complex, since they’re about complex social interactions, but economists finesse that with a lot of math.
Didn’t your old college roomie Paul Krugman say that bad economists get reincarnated as sociologists?
Doug