More anti-intellectualism at the Globe and Mail

Regarding Ira Basen’s incompetent hatchet job in last week’s Globe and Mail, political activist and former history professor Gerald Caplan announces:

Ira Basen’s very crucial point (although he’s not quite this blunt) is that the entire economics profession is something of a fraud and that mainstream economists often have no idea what they are talking about. Except for some shining exceptions like John Maynard Keynes, John Kenneth Galbraith, Paul Krugman and Joseph Stiglitz, for over 200 years economists – including the “trained economist” who governs us –have operated on the basis of self-evidently ludicrous premises. Not only ludicrous but relentlessly anti-scientific. As even The New York Times said the other day, the destructive trend toward austerity across the Western world – at least austerity for the most vulnerable – is nothing more than political ideology masquerading as economic policy.

Dismissing an entire discipline you know nothing about in three ideologically-motivated sentences is inarguably anti-intellectual. Anti-intellectualism is unacceptable among educated people, except when it comes to economics, in which case it’s considered unacceptable in some circles to fail to approach the subject in precisely the same manner in which young earth creationists approach evolutionary biology. Much like “biologists are all atheists!” is not only factually incorrect but also an intellectually irrelevant attack on biology, “economists are all right-wing!” is a factually incorrect and intellectually irrelevant attack on economics.

If you (1) don’t know anything about economics and (2) nonetheless hold extremely strong opinions on appropriate methodology in modern economic research, you’re doing it wrong.

Copyright © 2017 M. Christopher Auld