Thursday, 15 December 2016

Joseph Henrich on the difference between economics and psychology

Tyler Cowen interviews anthropologist Joseph Henrich. At one point they talk about the difference between economics and psychology:
COWEN: You’re an anthropologist. You’ve spent a lot of time with economists — coauthored, worked with Paul Romer, Colin Camerer, others. As an anthropologist, what do you find strange about the tribe known as econ? [laughs]

HENRICH: I had a real opportunity. I was very fortunate in my career to be a professor of psychology and a professor of economics at the same time but to be neither in some deep sense. I would get to go back and forth from seminars in economics and psychology.

In economics, there’s this really competitive culture. The way I like to describe it: If you’re giving a seminar in economics, the crowd — everybody’s trying to show who’s the smartest guy in the room. Just on your first slide, someone will raise their hand. (I’m like, I haven’t said anything yet!) Then they’ll try to ask the killer question which undercuts your whole talk so that they can get you right at the beginning.


HENRICH: Whereas psychologists, they’ll sit quietly. They watch your talk. You go through your whole PowerPoint. You probably touched a lot of different research projects.

Then there’ll be question time; at first no hands will go up. Then someone will be like, “I got a question.” Then they say, “I just have one small question. I mean, it was a great talk and this is just a very minor thing.”

Then it could be a killer question at that point when they’ve done the preface. It’s a very strong cultural difference between the econ tribe and the psychology tribe.

I’ve always wanted to write an ethnography: My Life among Two Strange Tribes: The Psychologists and the Economists.

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