[phd.students.socioeco] Is Economics a Rogue Profession? (the RAKIE network)

Ann Hartell ahartell at gmail.com
Fri Sep 11 11:54:08 CEST 2015


Interesting blog post at the link:
http://www.worldeconomicsassociation.org/newsletterarticles/integrity-and-research/

Quote:

In 2011, George DeMartino published the book/The Economist’s Oath: On 
the Need for and Content of Professional Economic Ethics/. In the book 
DeMartino argues for the importance of establishing a new field of 
critical inquiry that examines the ethical requirements of economic 
practice. In Chapter 1 of the book he states:

“The Economics Profession today has an enormous impact on the life 
chances of people across the globe: one that is far greater than that of 
most other professions. It is not always the impact that economists hope 
to have, to be sure, not least since economists’ prescriptions are often 
distorted in the political arena, but it is considerable nonetheless” 
(pg. 4).

And yet, as DeMartino argues, leading economists have not had five 
minutes training in what it means to be an ethical economist, or what it 
would mean for economics to be an ethical profession. Given the extent 
of its influence in the world, the failure of economics to engage its 
ethical duties and the ethical challenges its members face represents a 
gross professional ethical failure. In this regard, as DeMartino argues 
elsewhere, economics can be considered a “rogue” profession.

*. . . .

We would like to invite economists, of all orientations and 
beliefs**,**to join us. We aim to provide a forum for discussion and 
generate debate to counter dishonest academic behaviour and to promote 
sound research practices in economics. The scope includes challenging 
accepted conventions and standards that are seriously flawed and produce 
misleading results.

*

-- 

Doctoral Student
Institute for Multi-Level Governance and Development
Department of Socioeconomics
WU/Vienna University of Economics and Business
Austria
WU: www.wu.ac.at/mlgd/en
Personal: annhartell.weebly.com

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