Share this page
| More

Friday 30 March 2012

Serious economics is fun with a good guide

Anthony J. Evans, Associate Professor of Economics at ESCP Europe's London campus, dedicated this week's City AM column to the rise of popular economics in the wake of successes such as Freakonomics.

"Many consider the rise of popular economics books to have originated with Freakonomics. The 2005 bestseller, co-authored by University of Chicago's Steven Levitt and the New York Times's Stephen Dubner, was a phenomenal success. It sold millions of copies and spawned countless imitators. It brought economics to the masses and I am a big fan.

"However, I have reservations about the possible trivialisation of the discipline. The Freakonomics model is about driving counterintuitive results from a heavily mined (and highly original) dataset. It demonstrates that economic insights are not obvious, and that economics is a form of sociology. But it risks presenting these ideas as quirky findings, as opposed to a body of scientific discovery..."

You can read the full article by visiting City AM online. All of Anthony's articles are archived here.

<- Back to: News