Economists’ appeals to science deflected attention from their own failure

Evidence

In retrospect, appeals to science will be seen to have proven a bit of a red herring in coming to terms with the current crisis. Physical complexity theory or neuromysticism or dark matter won’t save us now. In the heat of battle, economists purported to be defending ā€œscienceā€˜ā€œwhen, in fact, they were only defending themselves and their minions. — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 483

Categorization

  • XREF: Builds the claim that science-worship in economics is deflective, not substantive — relevant to the reader’s thought-collective critique. — connects to: Economists’ self-denying neutrality limited their influence on popular political debate — Angus Burgin, The Great Persuasion: Reinventing Free…, 125; Economics has been flooded with physics-derived saviors, not starved of science — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 480; Borrowing scientific methods has never made economics genuinely scientific — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 481 (+2 more)