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Abstract

Mainstream economists tend to pride themselves on the discipline's
resem­blance to science. But growing concerns about the reproducibility of economic research are undermining that source of legitimacy. These concerns have fueled renewed interest in another aspect of economic thought: its narrative nature. When presenting or framing their work, neoliberal economists tend to tell sto­ries about supply and demand, unintended consequences, and
transaction costs in order to justify certain policy positions. These stories often make sense, and warn policymakers against simplistic solutionism.

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