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Tacit preachments are the worst kind

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  • Leland Yeager

Abstract

The article presents examples of economists pressing methodologies on students and professional colleagues without actually articulating, and thus exposing to critical examination, the methodological precepts being urged. Such behavior has twisted economic research and doctrine. Topics discussed (with various degrees of approval and disapproval) include the 'Cartesian' appeal to first principles, justificationism, supposed rigor, modeling, the decorative use of symbols, the parade of technique, abuses of econometrics, nonquantitative evidence, competition among hypotheses, fallacy-mongering, fads and frontiersmanship, academic incentives and games, the supposed analogy between markets for academic research and for ordinary goods, and clarity versus obscurantism. The article calls for exposing and examining tacit preachments. It calls on economists to support each other in resisting inappropriate pressures.

Suggested Citation

  • Leland Yeager, 1995. "Tacit preachments are the worst kind," Journal of Economic Methodology, Taylor & Francis Journals, vol. 2(1), pages 1-33.
    • Handle: RePEc:taf:jecmet:v:2:y:1995:i:1:p:1-33
    DOI: 10.1080/13501789500000001
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    References listed on IDEAS

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    1. Frank, Robert H, 1987. "If Homo Economicus Could Choose His Own Utility Function, Would He Want One with a Conscience?," American Economic Review, American Economic Association, vol. 77(4), pages 593-604, September.
    2. Krugman, P., 1993. "What Do We Need to Know About the International Monetary System?," Princeton Studies in International Economics 190, International Economics Section, Departement of Economics Princeton University,.
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    Cited by:

    1. Leland Yeager, 1999. "Should Austrians Scorn General-Equilibrium Theory?," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 11(1), pages 19-30, January.
    2. Leland B. Yeager, 1997. "Austrian Economics, Neoclassicism, and the Market Test," Journal of Economic Perspectives, American Economic Association, vol. 11(4), pages 153-165, Fall.

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