On the limitations of armchair economics: Some views of an armchair agricultural economist
On the limitations of armchair economics: Some views of an armchair agricultural economist
复制标题
论纸上谈兵经济学的局限性:纸上谈兵农业经济学家的一些观点
DOI:
10.1093/erae/16.3.319
复制
发表时间:
1989
影响因子:
3.4
通讯作者:
W. Brandes
中科院分区:
文献类型:
--
作者:
W. Brandes
A large portion of economists' activities can be labeled armchair economics. In this paper, the limitations of armchair economics, with respect to explaining and predicting aggregate phenomena, are discussed. It is argued that, due to ambiguity of sophisticated theory and compensating errors in empirical estimations, armchair economics is likely to face more serious limitations than is generally acknowledged by the mainstream of the profession. Copyright 1989 by Oxford University Press.