The Right to Know?

It is often said that knowledge is power and there is no doubt that in many cases those in possession of a particular piece of knowledge will have the advantage, for good or ill, over those who do not. Governments and rulers of all ilk and political leanings, as well as powerful corporations, have had and now enjoy a privileged position in terms of having access to certain facts. This privilege has often been justified in paternalistic terms, we know ...

Is Economics a Science?

Robert J. Shiller is a Nobel Laureate in Economics and an Economics professor at Yale University, in an online article published in 2013 he addresses the vexed question as to whether Economics is a Science. Whilst acknowledging the limitations of his subject as a science readily enough he cannot bring himself to altogether abandon that label. Moreover, he almost seems more interested in highlighting the failures of other disciplines as sciences (chemistry, physics, politics, astronomy…) than to provide evidential support for ...