Are Economists Architects or Auditors?
https://www.project-syndicate.org/commentary/what-happened-to-big-thinking-in-economics-by-ricardo-hausmann-2025-07
Many of today’s most urgent global challenges, from stagnant growth to climate change, require ambitious, innovative policies. Yet economics has shifted away from creative problem solving toward a narrow approach that is incapable of devising practical solutions to complex, real-world problems.
https://www.project-syndicate.org/commentary/what-happened-to-big-thinking-in-economics-by-ricardo-hausmann-2025-07
Many of today’s most urgent global challenges, from stagnant growth to climate change, require ambitious, innovative policies. Yet economics has shifted away from creative problem solving toward a narrow approach that is incapable of devising practical solutions to complex, real-world problems.