Summary: On The Glenn Show, Steve and Glenn revisit an earlier conversation about what's wrong with economics—namely, that it’s too insular and overly focused on technique. But, to be fair, some contemporary research in development and behavioral economics defies this description. Steve gets meta and proposes a behavioral theory to account for these exceptions, and Glenn bemoans the field's "intellectual infantilization." Glenn holds up the career of Paul Samuelson as an example of how an academic discipline can be revolutionized. They close by worrying about the narrow ideological range of the president's economic advisers.
