How Economics Should Be Done
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How Economics Should Be Done

Essays on the Art and Craft of Economics

David C. Colander and Huei-Chun Su

David Colander has been writing about economic methodology for over 30 years, but he goes out of his way to emphasize that he does not see himself as a methodologist. His pragmatic methodology is applicable to what economists are doing and attempts to answer questions that all economists face as they go about their work. The articles collected in this volume are divided, with the first part providing a framework underlying Colander’s methodology and introducing Colander’s methodology for economic policy within that framework. Part two presents Colander’s view on the methodology for microeconomics, while part three looks at Colander’s methodology for macroeconomics. The book closes with discussions of broader issues.
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Chapter 2: Vision, judgment, and disagreement among economists

Essays on the Art and Craft of Economics

David Colander

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Its is often said that if you laid all economists end to end, they still wouldn't reach an agreement. The implication of that and similar statements about economists is that there is too much disagreement among economists. I disagree; in my view, given the nature of the questions economists ask, significant disagreement is both to be expected and desirable.

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