this post was submitted on 26 Mar 2025
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When I was in grad school I mentioned to the department chair that I frequently saw a mis-citation for an important paper in the field. He laughed and said he was responsible for it. He made an error in the 1980s and people copied his citation from the bibliography. He said it was a good guide to people who cited papers without reading them.
At university, I faked a paper on economics (not actually my branch of study, but easily to fake) and put it on the shelf in their library. It was filled with nonsense formulas that, if one took the time and actually solved the equations properly, would all produce the same number as a result: 19920401 (year of publication, April Fools Day). I actually got two requests from people who wanted to use my paper as a basis for their thesis.
Congratulations! You are now a practicing economist. This is exactly how that field works.
Economy is just applied psychology.
It really isn’t even that.
The closest historical equivalent of an economic professional is the Haruspex.
https://en.wikipedia.org/wiki/Haruspex
Don't insult me with the e-word!
How did you respond?
I told them to actually solve the equations and think about the results.