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Economics Rules: Why Economics Works, When It - Hardcover, by Rodrik Dani - Good

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Item specifics

Condition
Good: A book that has been read, but is in good condition. Minimal damage to the book cover eg. ...
Type
Textbook
ISBN
9780198736899
Book Title
Economics Rules : Why Economics Works, When It Fails, and How to Tell the Difference
Publisher
Oxford University Press, Incorporated
Item Length
8.8 in
Publication Year
2015
Format
Hardcover
Language
English
Illustrator
Yes
Item Height
1 in
Author
Dani Rodrik
Genre
Political Science, Business & Economics
Topic
Economics / General, Public Policy / Economic Policy, Economics / Theory
Item Weight
15.7 Oz
Item Width
5.7 in
Number of Pages
176 Pages

About this product

Product Identifiers

Publisher
Oxford University Press, Incorporated
ISBN-10
0198736894
ISBN-13
9780198736899
eBay Product ID (ePID)
215969839

Product Key Features

Book Title
Economics Rules : Why Economics Works, When It Fails, and How to Tell the Difference
Number of Pages
176 Pages
Language
English
Topic
Economics / General, Public Policy / Economic Policy, Economics / Theory
Publication Year
2015
Illustrator
Yes
Genre
Political Science, Business & Economics
Author
Dani Rodrik
Format
Hardcover

Dimensions

Item Height
1 in
Item Weight
15.7 Oz
Item Length
8.8 in
Item Width
5.7 in

Additional Product Features

Intended Audience
Trade
LCCN
2015-948055
Dewey Edition
23
Reviews
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
Dewey Decimal
330.01/5195
Table Of Content
Introduction: The Use and Misuse of Economic Ideas1: What Models Do2: The Science of Economic Modeling3: Navigating among Models4: Models and Theories5: When Economists Go Wrong6: Economics and Its CriticsEpilogue: The Twenty Commandments
Synopsis
The economics profession has become a favourite punching bag in the aftermath of the global financial crisis. Economists are widely reviled and their influence derided by the general public. Yet their services have never been in greater demand. To unravel the paradox, we need to understand both the strengths and weaknesses of economics. Dani Rodrik argues that the multiplicity of theoretical frameworks - what economists call 'models' that exist side by side is economics' great strength. Economists are trained to hold diverse, possibly contradictory models of the world in their minds. This is what allows them, when they do their job right, to comprehend the world, make useful suggestions for improving it, and to advance their stock of knowledge over time. In short, it is what makes economics a 'science' a different kind of science from physics or some other natural sciences, but a science nonetheless. But syncretism is not a comfortable state of mind, and economists often jettison it for misplaced confidence and arrogance, especially when they confront questions of public policy. Economists are prone to fads and fashions, and behave too often as if their discipline is about the search for the model that works always and everywhere, rather than a portfolio of models. Their training lets them down when it comes to navigating among diverse models and figuring out which one applies where. Ideology and political preferences frequently substitute for analysis in choosing among models. So the book offers both a defence and critique of economics. Economists' way of thinking about social phenomena has great advantages. But the flexible, contextual nature of economics is also its Achilles' heel in the hands of clumsy practitioners., The economics profession has become a favourite punching bag in the aftermath of the global financial crisis. Economists are widely reviled and their influence derided by the general public. Yet their services have never been in greater demand. To unravel the paradox, we need to understand both the strengths and weaknesses of economics. Dani Rodrik argues that the multiplicity of theoretical frameworks - what economists call 'models' that existside by side is economics' great strength. Economists are trained to hold diverse, possibly contradictory models of the world in their minds. This is what allows them, when they do their job right, tocomprehend the world, make useful suggestions for improving it, and to advance their stock of knowledge over time. In short, it is what makes economics a 'science' a different kind of science from physics or some other natural sciences, but a science nonetheless. But syncretism is not a comfortable state of mind, and economists often jettison it for misplaced confidence and arrogance, especially when they confront questions of public policy. Economists are prone to fadsand fashions, and behave too often as if their discipline is about the search for the model that works always and everywhere, rather than a portfolio of models. Their training lets them down when itcomes to navigating among diverse models and figuring out which one applies where. Ideology and political preferences frequently substitute for analysis in choosing among models. So the book offers both a defence and critique of economics. Economists' way of thinking about social phenomena has great advantages. But the flexible, contextual nature of economics is also its Achilles' heel in the hands of clumsy practitioners., The economics profession has become a favourite punching bag in the aftermath of the global financial crisis. Economists are widely reviled and their influence derided by the general public. Yet their services have never been in greater demand. To unravel the paradox, we need to understand both the strengths and weaknesses of economics. This book offers both a defence and critique of economics. Economists' way of thinking about social phenomena has greatadvantages. But the flexible, contextual nature of economics is also its Achilles' heel in the hands of clumsy practitioners., Economists are widely reviled and their profession has become a favourite punching bag in the aftermath of the financial crisis. Yet their services have never been in greater demand. To unravel the paradox, we need to understand both the strengths and weaknesses of economics. This book offers both a defence and critique of the field.
LC Classification Number
HB171

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