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Morning Must-Read: Mary S. Morgan: Modelling as a Method of Enquiry

Mary S. Morgan: Modelling as a Method of Enquiry: “Despite the ubiquity of modelling in modern economics, it is not easy to say how this way of doing science works…

…Scientific models are not self-evident things, and it is not obvious how such research objects are made, nor how a scientist reasons with them, nor to what purpose. These difficulties of definition and understanding are exhibited in a most concrete fashion in an example that lays claim to being the first such research object in economics…

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Morning Must-Read: Mary S. Morgan: Modelling as a Method of Enquiry

March 1, 2015

March 1, 2015

U.S. economic mobility trends and outcomes

U.S. income and wealth inequality are no longer increasing, but a return to the equitable levels of the mid-20th century isn’t likely anytime soon