Sunday, February 16, 2014

Life Among The Econ

I made this point on the twitters, but in case I don't get inspired to write the longer post (I'm lazy, it's a holiday tomorrow, etc.) I'll do the shorter version here, too. Everybody thinks they understand "economics" and therefore they think they understand what academic economists do all day because the language of Econ 101 (freshman undergraduate economics) dominates our discourse about current events. But people really have no idea what academic economists do (for better or for worse) to get published in academic journals. Here's a relatively simple and fairly typical snippet:

Whatever the merits, it isn't jargon free or accessible to outsiders.