Outside of the financial press this doesn't get nearly the amount of attention it deserves.
Part of the (harsh) reality in the dislike of economics recently has been that the Behavioural Economics folks (yay Ariely!) have made it a point to start introducing experiment-based rigour and protocols. That part I find fascinating at least.
Part of the (harsh) reality in the dislike of economics recently has been that the Behavioural Economics folks (yay Ariely!) have made it a point to start introducing experiment-based rigour and protocols. That part I find fascinating at least.