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In Europe, German ordoliberalism, which is another word for hair-shirt economics, rules supreme, even as much of the continent is trapped in a seemingly endless slump and Germany itself, Europe's mightiest economy, flirts with recession.
The economist Dani Rodrik, in his latest book Economics Rules, argues that such broad theories of income distribution by the market are best viewed as intellectual "scaffolding", adding: "They are shallow approaches that identify the proximate causes but need to be backed up with considerable detail".
But if I learned anything in my pre-autism days at the United Nations it is that economics rules almost everything.
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This was the era when Chicago School economics ruled, and the rational economic man seemed to be triumphant.
Gas is so cheap and at some point, really, economics rule.
Free market economics, whose rules of supply and demand we so conspicuously ignore in this vast sector of the economy, make simple herbs and plant extracts or simply produced chemicals worth many millions of pounds per tonne.
Many key ideas like free-market economics and rule of law will be embraced ever more widely.
The Coase theorem in law and economics typically commends rules that are ex ante mutual advantage, even though any application of such a rule may entail losses to some.
A uniquely German branch of economics that emphasises rules, called Ordnungspolitik, sets the intellectual tone.
Regulation FD was always about principles of fairness that belied the economics of the rule.
As a rule, economics prefers interiors to corners, and trade-offs to all-or-nothing choices.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com