By Greg Fisher Yesterday INET published a valuable essay written by John Kay entitled “The Map is Not the Territory: An Essay on the State of Economics”. In this blog I would like to discuss how John’s essay is a useful and fair critique of the state of economics and use his framing to demonstrate […]
Should the economics profession care about happiness? And how does happiness fit in to the Big Society agenda? Before delving in to this, it is important to emphasise that an important problem within this subject is – like other areas – people often have different understandings of the same word. Some terms are not “univocal”, […]