Let Me Lend You a Hand: How Behavioural Economics Can Restore Trust in Science

Noah Peters

Research output: Other contributionNet publication - Internet publicationCommunication

Abstract

Society’s declining trust in science in general and economics in particular is a much debated topic. Martin Wolf’s recent commentary for the Institute of New Economic Thinking (INET) is only one way of addressing the conundrum. This blog post draws on two prominent contentions underpinning the obscure notion of distrust in economics. Firstly, economists (allegedly) live in their ivory towers surrounded by mathematical formulas no outsider would even vaguely understand. Secondly, they are accused of not being able to adequately forecast crises, let alone fend them off.
Original languageEnglish
Publication date6 May 2019
Place of PublicationFrederiksberg
PublisherThe Business of Society
Publication statusPublished - 6 May 2019

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