Scholarly Comments on Academic Economics


EJW Audio

The voice of Econ Journal Watch

Lawrence H. White, the voice of EJW Audio The host of EJW Audio is Lawrence H. White, a co-editor of EJW and professor of economics at George Mason University.

In a typical EJW Audio podcast, Professor White and the author of a recent EJW article discuss that article and related issues.

Catherine Hakim on Work-Lifestyle Preference and Erotic Capital

In this podcast, Catherine Hakim first discusses “preference theory,” her theory that women have different attitudes than men about work and lifestyle. The discussion is framed by her contribution to the 2008 EJW symposium on gender balance in the economics profession. (And here is a subsequent rejoinder by symposium lead authors Christina Jonung and Ann-Charlotte Ståhlberg.) Then, Dr. Hakim discusses her recent work on erotic capital, explaining what it is, what it helps us understand, and why it is increasingly important.

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David Lipka on Deirdre McCloskey, Max U, and Prudence in Adam Smith

David Lipka brings Adam Smith’s ideas about prudence to Deirdre McCloskey’s suggestion that the Max U approach represents prudence. In this discussion of his EJW article, Lipka suggests that prudence in Smith and maximization are quite different things, and he explains several facets of the difference. While embracing McCloskey’s larger project, Lipka cautions against associating prudence with maximization.

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Daniel Sutter on the Near Absence of Math-free Economics Articles

In an EJW article, Daniel Sutter and Rex Pjesky asked “Where Would Adam Smith Publish Today?” Their research shows that an overwhelming share of papers appearing in six leading general journals and four leading field journals are mathematical, with 6% of the papers qualifying as ‘math-free’ by the weakest criterion and only 1.5% by the strongest criterion. Here Sutter talks about the findings, noting that Smith, Keynes, Hayek, and Coase might never have broken through had such conditions held in their time. He suggests that perhaps economics has fallen into a homophily among mathematical researchers, resulting in a narrowing of discourse and methods.

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