Marginal Revolution just posted a link to an interview with the venerable Nobel Prize-winning economist Ronald Coase where he (and a collaborator) announce that they are trying to start a new journal to reorient the field towards the study of actual economies. Here’s the excerpt:
We are now working with the University of Chicago Press to launch a new journal, Man and the Economy. We chose our title carefully to signal the mission of the new journal, which is to restore economics to a study of man as he is and of the economy as it actually exists. We hope this new journal will provide a platform to encourage scholars all over the world to study how the economy works in their countries. We believe this is the only way to make progress in economics.
Sigh. As much as I like the idea of a new economics journal focused on “the economy as it actually exists,” it’s hard to believe that a prominent academic would propose naming a journal “Man and the Economy” in 2012, let alone that they would assert that the name was chosen “carefully.”
Also, as a warning, the comments on the Marginal Revolution post go in a predictable direction of “PC” bashing.