Why We Need a Multidisciplinary Economics

The transcript discusses the limitations of traditional economic models, emphasizing the importance of recognizing patterns rather than laws. It critiques the representative agent model and highlights the need for multidisciplinary approaches in economics. The inertia in economic thought post-2008 is addressed, along with the challenges of incorporating innovative ideas like network analysis. The OECD's efforts in promoting new economic approaches are noted, and advice is given to students to remain open-minded and question traditional teachings.

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