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Thursday, March 29, 2007

The Freakonomics effect (+ Talkfest)

There's a fine essay online at TNR today (from the April 02 issue of the magazine) about the "evil spawn of 'Freakonomics.'"

freakonomics.jpg

Ever since the book came out in 2005, complains Noam Scheiber, the field of economics has had a "cleverness problem." He asks: What young economist wants to solve the world's most intractable problems--poverty, inequality, unemployment--when it's so much sexier (and more lucrative) to study point-shaving in college basketball, underused gym memberships, and the parking tickets of U.N. diplomats?

Scheiber responds to critiques -- made at the blog Marginal Revolution, by economists/popularizers Alex Tabarrok and Tyler Cowen -- at TNR's blog The Plank. Talkfest of the week?

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