Noah Smith, Columnist

Seven Ways Economics Can Heal Itself

The field took some corrective steps after the financial crisis, but more needs to be done.

December 10, 2019 at 1:30 PM UTC

Noah Smith is a former Bloomberg Opinion columnist. He was an assistant professor of finance at Stony Brook University, and he blogs at Noahpinion.

Let the data speak for itself.
Photographer: Leah Nash/The Washington Post/Getty Images

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Economics changed a lot in the 2010s, mostly in good and healthy ways. But much remains to be done in terms of the discipline's public image, the reliability of its methods and the success of its policy recommendations. Here are a few ways that economics should strive to change itself in the 2020s:

No. 1. Reform Economics Education