IDEAS home Printed from https://ideas.repec.org/h/elg/eechap/19689_10.html
   My bibliography  Save this book chapter

Epilogue: puzzles and myths in economics and finance

In: Controversies in Economics and Finance

Author

Listed:
  • .

Abstract

The discussion of puzzles and paradoxes is aimed at demonstrating that they are not really paradoxes or puzzles, because logical and plausible explanations can be put forward for all of them. Myths, on the other hand, are perceived as such by some economists, while others consider them to be undisputed facts of life. They arise primarily in normative economics, where value judgement plays an important role in determining how the state of affairs ought to be. Whether a myth is truly a myth or otherwise depends on the strength of arguments and evidence for one claim or another. A ‘recipe’ is presented for how to ‘bake’ a puzzle, as well as a discussion of a silly and a dumb puzzle. Examples are suggested of puzzles based on myths.

Suggested Citation

  • ., 2020. "Epilogue: puzzles and myths in economics and finance," Chapters, in: Controversies in Economics and Finance, chapter 10, pages 204-215, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:19689_10
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/9781839105616/chapter10.xhtml
    Download Restriction: no
    ---><---

    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:elg:eechap:19689_10. 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: Darrel McCalla (email available below). General contact details of provider: http://www.e-elgar.com .

    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.