In this essay I review Sylvia Nasar's long awaited new history of economics, Grand Pursuit. I describe how the book is … and foibles to show they are human! I contrast the general view of the role of economics in Grand Pursuit with Robert …

Presenting data on all full-length articles published in the three top general economics journals for one year in each … fewer papers that represent pure theory, regardless of sub-field, somewhat less empirical work based on publicly available …

study provides an overview of experimental methods in economics, with a special focus on developing an economic theory of …

study provides an overview of experimental methods in economics, with a special focus on developing an economic theory of …

The analysis of historical natural experiments has profoundly impacted economics research across fields. We trace the …

Cognitive Economics is the economics of what is in people's minds. It is a vibrant area of research (much of it within … Behavioral Economics, Labor Economics and the Economics of Education) that brings into play novel types of data—especially novel … Welfare Economics. A key theme of Cognitive Economics is finite cognition (often misleadingly called “bounded rationality …

Creation of empirical knowledge in economics has taken a dramatic turn in the past few decades. One feature of the new …

Does an observation constitute stronger evidence for a theory if it was made after rather than before the theory was … formulated, when it may have influenced the theory's construction? Philosophers have discussed this question (of quot …. One example in economics involves evaluating models constructed on the basis of VARs (where a researcher looks at evidence …

agencies to learn from their own experience. In response, there is movement in development economics towards the use of … randomized controlled trials (RCTs) to accumulate credible knowledge of what works, without over-reliance on questionable theory …