How Did Economists Get It So Wrong

By Paul, Krugman. 2009

852 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/be09645f5b10ed795c4346137e92d146af79b4f3

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Citations in the corpus

Growth Identification and Facilitation: The Role of the State in the Dynamics of Structural Change (2010, unknown): “…development history and economic theory is straightforward: the government’s policy to facilitate industrial upgrading and diversification must be anchored in 1 See for instance Blanchard et al. (2010), Krugman (2009) or Monga (2009).”
Stakeholder Theory, Value, and Firm Performance (2013, background): “9 STAKEHOLDER THEORY AND VALUE CREATION Smith’s (1776) argument that healthy markets allow individuals to choose is similar to Freeman’s (1984) perspective that all stakeholders are “customers” – they all have decisions to make in terms of whether the utility a firm provides them is greater than wha”
The local geographies of the financial crisis: from the housing bubble to economic recession and beyond (2011, background): “Krugman (2009) has also railed against the unreality of the models that have underpinned the economics profession and its failure to predict the crisis—a potentially powerful voice, though arguably a critique that sits uncomfortably with his own predilection for formal models, typically based on…”
The New Political Role of Business in a Globalized World – A Review of a New Perspective on CSR and its Implications for the Firm, Governance, and Democracy (2011, unknown): “This debate is further intensified by the current financial crisis and the apparent limitations of the belief that the free market cures all (Krugman 2009; Posner 2009).”
Capitalism in China: A Centrally Managed Capitalism (CMC) and Its Future (2011, background): “Since Adam Smith, the theory of a perfect, frictionless market, including financing, has lent a strong ideological support to the superiority of this model (Krugman, 2009).”
Geographies of markets: Materials, morals and monsters in motion (2011, background): “Instead, recent discussions among eminent economists indicate how little we know about markets (see, for instance, Greenspan, 2008; Krugman, 2009).”
Integrating ecological, economic and social aspects to generate useful management information under the EU Directives' ‘ecosystem approach’ (2012, unknown): “the recent worldwide financial crisis (Krugman, 2009).”
Complexity Economics: A Different Framework for Economic Thought (2013, background): “2 See The Economy as an Evolving Complex System volumes edited by: Arrow, Anderson and Pines (1988); Arthur, Durlauf and Lane (1997); and Blume and Durlauf (2005).”
Financial Sector Development, Economic Growth, and Poverty Reduction: A Literature Review (2009, background): “While the lessons learned from the recent crisis are likely to have significant implications for economists’ thinking on how banks and financial institutions should be regulated and financial innovations should be managed (Krugman 2009), examining such implications is beyond the scope of this paper.”
Who Benefits from Economic Freedom? Unraveling the Effect of Economic Freedom on Subjective Well-Being (2013, unknown): “While not turning “a blind eye to the limitations of human rationality” (Krugman, 2009, p. 2), it must be acknowledged that people are not necessarily more rational in their role as voters than they are as consumers.”