Economics Rules, 9780198736905
Paperback
Economics: flawed science, powerful tool, or arrogant ideology?

Economics Rules

why economics works, when it fails, and how to tell the difference

$39.92

  • Paperback

    268 pages

  • Release Date

    2 February 2017

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Summary

Economics Rules: A Defence and Critique of a Misunderstood Profession

The economics profession is under fire, widely criticized in the wake of global financial turmoil. Yet, economists’ expertise is more sought after than ever. This book explores this paradox by examining the strengths and weaknesses inherent in economic thinking.

Dani Rodrik argues that economics’ power lies in its diverse theoretical frameworks – its “models.” Economists are trained to juggle multiple, som…

Book Details

ISBN-13:9780198736905
ISBN-10:0198736908
Author:Dani Rodrik
Publisher:Oxford University Press
Imprint:Oxford University Press
Format:Paperback
Number of Pages:268
Release Date:2 February 2017
Weight:291g
Dimensions:214mm x 143mm x 20mm
What They're Saying

Critics Review

I hope open-minded critics of economics will read Economics Rules to learn how the best of economists approach the subject, and how important their work is

Dani Rodrik ... provides an edifying discussion of these basic tools, of the economist's trade [economic models]'Ben Chu, Books of the Year 2015, Independentone of the world’s most perceptive policy analysts’Martin Wolf, Books of the Year 2015: Best Books 2015 Economics, Financial TimesRodriks central message is that economics is a collection of models with which to see the world ... The challenge is to choose which model applies to the situation at hand. This choice requires theoretical open-mindedness and empirical investigation and is, as Rodrik succinctly puts it, a craft not a science. That idea that good economics is about good craftsmanship as much as anything else is a hugely valuable contribution. Rodrik is well placed to makethese arguments because he is himself a master craftsman.'Martin Sandbu, The Financial TimesI hope open-minded critics of economics will read Economics Rules to learn how the best of economists approach the subject, and how important their work is’The Enlightened Economist, Diane Coyle`terrific’The Enlightened Economist, Diane Coyle

About The Author

Dani Rodrik

Dani Rodrik is the Albert O. Hirschman Professor at the School of Social Science, Institute for Advanced Study, Princeton, N.J. Previously he held professorships at Harvard and Columbia Universities. He is the author, among other works, of The Globalization Paradox (2011) and One Economics, Many Recipes (2007). He has published widely in economic development and growth, globalization, and political economy.

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