In this episode, Scott and Gerardo and new co-host, Sarvnaz Lotfi, are joined by Jennifer Jhun, Assistant Professor of Philosophy at Duke University and Faculty Fellow with Duke's Center for the History of Political Economy. The discussion revolves primarily around the uses and abuses of modeling in economics and other fields, such as epidemiology, the usefulness of models for policy purposes, and the significance of ceteris paribus clauses and equilibrium theorizing in economics.

Smith and Marx Walk into a Bar is supported by a grant from the History of Economics Society: http://historyofeconomics.org

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