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Ep475 - Robert Frank | The Economic Naturalist

Talks at Google

CHAPTER

Exploring Formalism in Economics

This chapter examines the role of formalism in economic academia, debating the balance between complexity and clarity in economic discourse. It highlights a historical shift from moral philosophy to a focus on rigorous analysis, questioning the implications for ethical considerations in modern economics. Additionally, the chapter discusses innovative teaching approaches and the significance of behavioral economics, illustrating how identity and irrationality impact decision-making.

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