Following a thought-provoking panel discussion at the American Economics Association, Nobel Laureate and Institute Advisory Board member James Heckman and INET President Rob Johnson discuss peer-reviewed journals and a professional incentive structure that constricts the idea space and reinforces tired orthodoxies in economics.
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How the Economics of the Economics Profession Resists New Thinking
http://www.youtube.com/watch?v=LZh2UCTN9Mw
Following a thought-provoking panel discussion at the American Economics Association, Nobel Laureate and Institute Advisory Board member James Heckman and INET President Rob Johnson discuss peer-reviewed journals and a professional incentive structure that constricts the idea space and reinforces tired orthodoxies in economics.