The Consequences of Economic Rhetoric

doi:10.1017/CBO9780511759284

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The Consequences of Economic Rhetoric

The Consequences of Economic Rhetoric

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Edited by Arjo Klamer, University of Iowa, Donald N. McCloskey, University of Iowa, Robert M. Solow, Massachusetts Institute of Technology

Publisher:: Cambridge University Press
Online publication date:: September 2010
Print publication year:: 1989
Online ISBN:: 9780511759284
DOI:: https://doi.org/10.1017/CBO9780511759284

Subjects:: Economics, Economic Thought, Philosophy and Methodology, Macroeconomics

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The field of economics proves to be a matter of metaphor and storytelling - its mathematics is metaphoric and its policy-making is narrative. Economists have begun to realize this and to rethink how they speak. This volume is the result of a conference held at Wellesley College, involving both theoretical and applied economists, that explored the consequences of the rhetoric and the conversation of the field of economics.

"The Consequences of Economic Rhetoric is an important volume, marking the true beginning of what may well become a new conversation in economics. It is a valuable start but only a start; future conferences and future volumes will ultimately be required to tell the story of this conversation." D. Wade Hands, Journal of Economic Literature

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The Consequences of Economic Rhetoric

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Contents

Frontmatter
pp i-iv

Contents
pp v-vi

Preface
pp vii-x

The consequences of economic rhetoric
pp xi-xii

PART I - ECONOMIC RHETORIC: INTRODUCTION AND COMMENTS
pp 1-2

1 - Economics in the human conversation
pp 3-20

2 - Comments from outside economics
pp 21-30

3 - Comments from inside economics
pp 31-37

4 - Rhetoric and ideology
pp 38-44

PART II - ECONOMIC RHETORIC: FURTHER ARGUMENTS
pp 45-46

5 - Marxian theory and the rhetorics of economics
pp 47-63

6 - Economic rhetoric: The social and historical context
pp 64-84

7 - The ideas of economists
pp 85-99

8 - Should a scientist abstain from metaphor?
pp 100-114

PART III - ECONOMIC RHETORIC AMONG ECONOMISTS
pp 115-116

9 - Shall I compare thee to a Minkowski–Ricardo–Leontief–Metzler matrix of the Mosak–Hicks type? Or, rhetoric, mathematics, and the nature of neoclassical economic theory
pp 117-145

10 - On the brittleness of the orange equilibrium
pp 146-162

11 - The significance of significance: Rhetorical aspects of statistical hypothesis testing in economics
pp 163-183

12 - The rhetoric of self-interest: Ideology of gender in economic theory
pp 184-204

PART IV - ECONOMIC RHETORIC IN POLITICS AND JOURNALISM
pp 205-206

13 - The heterogeneity of the economists' discourse: Philosopher, priest, and hired gun
pp 207-220

14 - The grammar of political economy
pp 221-239

15 - The rhetoric of economics as viewed by a student of politics
pp 240-246

16 - “Yellow rain” and “supply-side economics”: Some rhetoric that failed
pp 247-262

PART V - ECONOMIC RHETORIC: ITS RHETORIC AND ITS CONSEQUENCES
pp 263-264

17 - Negotiating a new conversation about economics
pp 265-279

18 - The consequences of rhetoric
pp 280-294

1 - Appendix: Other contributors and participants
pp 295-296

Index
pp 297-305

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The Consequences of Economic Rhetoric

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