Drop the math, Finland’s Liikanen tells economists


Economists may need to revise their methodological approach in light of the financial crisis, Erkki Liikanen, the governor of the Bank of Finland, on Friday said.

Speaking at the Finnish Economic Association's annual meeting, Liikanen said: "It could be that economists and economic policy-makers need a more humble approach to their own expertise."

Liikanen noted that attitudes had become increasingly hostile towards economics, citing claims that the fascination for analytical elegance and mathem

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: