Tag Archives: greene

Is Scientific Methodology Axiomatic? A Summary and Response

This is continuing from Dr. Zaman’s comments on my post about certain observations on the introductory chapter in the Econometrics textbook by Greene. In the post, I had raised a question regarding a footnote in the textbook where Greene mentions that modern econometric analysis begins with “behavioural axioms.” This means that there are certain “axiomatic …

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Textbook Analysis: Econometric Analysis by William Greene

How exactly are generations of really zaheen students indoctrinated through graduate programs in economics? How are obviously questionable ideas internalized by the best of the best at the best schools across the world? Many economists admit that there is something seriously wrong with the theories and ideas being taught and yet they continue to teach …

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