The field of economics has taken a beating over the past couple of years. For all their brilliant models and complex analyses, most economists completely failed to predict the disastrous outcome of the housing bubble. Was the problem simply a feature of an imperfect discipline or the result of biases on the part of many economists that made them blind to the truth? Those who have too much faith in the field of economics to give the former possibility much credit might advocate for a potential solution to the latter possibility: develop a code of ethics for economists.
Daniel Indiviglio wonders if economists need their own version of the Hippocratic Oath. (via theatlantic)

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