Is There Any Debt or Fraud in Economics?

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In psychology, where there have been huge prices paid by people who have been a. who have been fraudulent, that thi sgy goes along just fine. No one holds it against hem. There's never been a discussion. The problem is that the space of problems that we deal with, like the set of things that fall under the rubric gonce, is enormous and expansive relative the number of economists. But so somebody finds out that somebody made a terrible data error on a paper, the 14 economists who care a little bit about that maybe lower that person in their opinion. Maybe they, you know, you know,. they, they, they talk about but the discipline itself, it

Author and economist Steven Levitt is the William B. Ogden Distinguished Service Professor of Economics at the University of Chicago and host of the podcast "People I (Mostly) Admire." He is best known as the co-author, with Stephen Dubner, of Freakonomics. The book, published in 2005, became a phenomenon, selling more than 5 million copies in 40 languages. Levitt talks with EconTalk host Russ Roberts about the book's surprising success, the controversy it generated, and how it shaped his career. Levitt says, for him, "economics is about going into the world and finding puzzles and thinking about how understanding incentives or markets might help us get a better grasp of what's really going on."