Wednesday, July 16, 2008

Nerd Notes: 100 Chicago Professors Versus Economics

Megan McArdle has the link. She calls the entire mess "a festival of willful misunderstanding" and says, "This from a University that has cultivated a reputation as one of the most intellectually rigorous campuses in the country. I'm tempted to weep."

The short version: over 100 University of Chicago professors sign a letter against Milton Friedman.

Well, OK, I'm not saying that everybody has to agree with Friedman's economics or whatever. But I find it crazy for a bunch of professors to oppose the establishment of the Milton Friedman Institute at Chicago because they personally don't like Friedman. Whatever happened to academic freedom or actual academic diversity of thought? Of course, look at the topsy-turvy "logic" employed by these opposition nerds:
When the University of Chicago invests so heavily in culturally and politically conservative thought we wonder about its commitment to strong intellectual diversity . . .

Is this a sick joke?

Oh, I did take a look at the disciplines which produced this band of folks who apparently don't really understand economics. Will you be surprised if I told you that I found the usual suspects? You can take a look for yourself. Literature, history, poli sci, philosophy, gender studies, area studies . . . I didn't see a single actual professor of economics in that list.

2 comments:

Pat Patterson said...

Well, that is understandable because numbers are so...icky and opressive! And memorizing a bunch of formulas and proofs is simply a construct of the patriarchal society. We know that planes fly in the West because of aerodynamics but in the East they fly because of feng shui and the Five Year Plan. Because each society constructs its own version of reality.

It has been a while since graduate school but what the heck is "...area studies?"

Anonymous said...

Sounds like geometry to me . . .