IDEAS home Printed from https://ideas.repec.org/a/eej/eeconj/v27y2001i2p209-210.html
   My bibliography  Save this article

Stiglerite vs. Friedmanite Science

Author

Listed:
  • Deirdre N. McCloskey

    (University of Illinois at Chicago
    Erasmus University Rotterdam)

Abstract

Economists can to some extent enlighten policymakers and the public and influence public policy. That enlightenment is achieved more by concrete policy work and application of basics than by fancy models and fancy statistical significance. There is a trade-off between relevance/importance and rigor/precision. Because many economists concentrate on rigor and precision, their influence in public affairs is not as good as it could be. The professional emphasis on scholastic crafts forsakes the Smithian character of political economy. A more Smithian character for the economics profession would lead to better government policy. The primary article by Daniel B. Klein is followed by comments by Gordon Tullock, Deirdre McCloskey, Israel M. Kirzner, C.A.E. Goodhart, Robert H. Frank and James K. Galbraith and a rejoinder by Daniel B. Klein.

Suggested Citation

  • Deirdre N. McCloskey, 2001. "Stiglerite vs. Friedmanite Science," Eastern Economic Journal, Eastern Economic Association, vol. 27(2), pages 209-210, Spring.
    • Handle: RePEc:eej:eeconj:v:27:y:2001:i:2:p:209-210
    as

    Download full text from publisher

    File URL: http://web.holycross.edu/RePEc/eej/Archive/eeconj/Volume27/V27N2P209_210.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Joshua C. Hall, 2017. "A "Model" Model: McCloskey and the Craft of Economics," Working Papers 17-09, Department of Economics, West Virginia University.
    2. Nils Goldschmidt & Benedikt Szmrecsanyi, 2007. "What Do Economists Talk About? A Linguistic Analysis of Published Writing in Economic Journals," American Journal of Economics and Sociology, Wiley Blackwell, vol. 66(2), pages 335-378, April.

    More about this item

    Keywords

    Economists;

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • H00 - Public Economics - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eej:eeconj:v:27:y:2001:i:2:p:209-210. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Victor Matheson, College of the Holy Cross (email available below). General contact details of provider: https://edirc.repec.org/data/eeaa1ea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.