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Tag Archives: irrationality
De economie van het poldermodel
De economie van het poldermodel Inleiding In de periode 2008 – 2017 heeft de Nederlandse economie in een forse depressie gezeten. Geen enkele spraakmakende econoom had ons hiervoor gewaarschuwd. Minder gehoorde economen, daarentegen, hadden uitvoerig geargumenteerde waarschuwingen laten horen, maar … Continue reading
Posted in Papers
Tagged aspect-systems versus subsystems, central planning economy, confessionalism, conservatism, consultation economy, corporaism, frame, functionalism, gamma-sciences, immoraltity, inclusive society, irrationality, knowledge structure, liberalism, market economy, micro-perspective versus macro-perspective, paradigm, poldermodel, power/free communication, scientific framgentation, socialism
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Behavioural Economics about Irrationality
Behavioural economics about irrationality Introduction The rise of behavioural economics persists. The phenomenon of nudging is increasingly recognised and applied. In the Netherlands the recently adopted Donor Law is an example: those who do not fill in a form, is … Continue reading
What’s wrong with behavioural economics?
What’s wrong with behavioural economics? The next book of Ariely is about to be published. Since I was quite disappointed about two others of his books, I’m not motivated to read it. Fortunately this weekend the daily journal Trouw published … Continue reading
Multidisciplinary Economics, A Methodological Account, Oxford: OUP, May, 2015
The most important misunderstanding in economics is the idea that orthodox economic theory, as we know from regular textbooks, offers an acceptable foundation for the study of real life economies. Orthodox economics, however, analyses the economic ASPECT, thereby – on … Continue reading
Protestantism and Economc Development
Protestantism and Economic Development Empirical research suggests time and again that there is a positive relationship between Protestantism and economic growth. Unfortunately the theory about Protestantism is quite unclear, which makes the interpretation of the empirical relationship problematic.
Piet Keizer on Dan Ariely on Irrationality
Behavioural economics tries to add psychological elements to the orthodox-economic analysis. But their experiments and empirical research are unacceptable as long as their framework of interpretation is very unrealistic. Dan Ariely’s Predictably Irrational is a good illustration of this problem. Continue reading
Piet Keizer 