This paper argues that by focusing on simple problems that can be resolved by the use of simple economic logic, usually involving the assumption that agents are rational, the economics-as-fun literature inevitably distracts from more difficult problems that are harder to solve and which may need to be tackled in different ways and may create a bias towards solutions that rely on the market.

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Journal of Economic Methodology
Erasmus School of Philosophy

Backhouse, R.E. (2012). Economics is a serious and difficult subject: Paper prepared for Conference at EIPE, Rotterdam, December 10-11, 2010. Journal of Economic Methodology, 19(3), 231–241. doi:10.1080/1350178X.2012.714143