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Examples
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In short, it is not contemporary "Masonomics" that examined these questions effectively, it is the thinkers that inspired the GMU program to begin with from Hayek to Buchanan to Vernon Smith.
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Isn't Arnold saying the exact same thing (as your second idea in the above paragraph), except instead of keeping things abstract ("a school of thought in economics") he labels this with school with "Masonomics"?
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Do you really want to stick with this name "Masonomics"?
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Eventually the hermeneutically-inspired system described by the term 'Masonomics' will be interpreted to need more intervention to make the world like the one they 'believe' it should be.
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"In short, it is not contemporary "Masonomics" that examined these questions effectively, it is the thinkers that inspired the GMU program to begin with from Hayek to Buchanan to Vernon Smith.
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Notes on Masonomics, 1: Reason without Rationality
EconLog: Archives 2010
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Recall that in Masonomics I made the Beatles comparison....
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Notes on Masonomics, 1: Reason without Rationality
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“I do not think that the economic differences between health care and other goods are as fundamental as the difference between the believers in Expertism and the believers in Masonomics.”
What Makes Health Care Different?, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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It also is important for political economy--Masonomics uses public choice, which says that government officials, rather than acting as benevolent omniscient stewards, respond to incentives.
More Thoughts on Masonomics, Arnold Kling | EconLog | Library of Economics and Liberty 2009
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