Sheila Dow - Why Economists Think How They Think

Economists argue over how the economy works or what is the best fiscal policy to recover from the current crisis. Sheila Dow looks behind the curtain of these debates; she seeks to find out why particular theories are being advanced, and how economists evaluate the merit of an argument in scientific debate.

Sheila Dow, Emeritus Professor of Economics at the University of Stirling, is interviewed by Bruce Caldwell. The two also talk about David Hume's view of human nature, and about the notion of rationality employed in behavioral economics.