The post autistic movement in economics

Stiglitz sums up the problem nicely: Drug companies spend far more money on advertising and marketing than they do on research, far more on research for lifestyle drugs for conditions like impotence and hair loss than for lifesaving drugs, and almost no money on diseases that afflict hundreds of millions of poor people, such as malaria.

Over French academic economists signed the petition of support. Poor people get few benefits from this system despite paying the high prices for the few drugs that can serve their problems.

post autistic economics network

At the same time they have increasingly formalized their theory, making it progressively irrelevant to understanding economic reality. And the French students were proving marvelous to work with, especially Gilles Raveaud.

It may be the case that two theories highlight the same aspects of some corner of reality but offer different conclusions. Economist Joseph Stiglitz calls for a new way to finance and incentivize drug research because the current patent system is grotesquely inefficient and unfair to people in developing countries.

The post autistic movement in economics

A broader conception of human behavior, 2. Then, due to this situation, in June a group of economics students in Paris started to raise their voice and published a declaration in order to improve mainstream economics doctrine. News of these events in France spread quickly via the Web and email around the world. We are particularly concerned with initiatives that may be taken at the local level in order to provide the beginning of answers to their expectations. The instrumental use of mathematics appears necessary. One doubts that any of those students in their wildest dreams anticipated the effect their initiative would have. Expanded methods.

Many factors have contributed, but three especially. We wish to escape from imaginary worlds! What we ask for is simple: to have the empirical and theoretical tools which will permit us to understand the world in which we live.

But because the intellectual mindset has become so pervasive — despite its remoteness from empirical realities — it is weirdly functional.

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A Brief History of the Post