Coverart for item
The Resource Economics rules : why economics works, when it fails, and how to tell the difference, Dani Rodrik

Economics rules : why economics works, when it fails, and how to tell the difference, Dani Rodrik

Label
Economics rules : why economics works, when it fails, and how to tell the difference
Title
Economics rules
Title remainder
why economics works, when it fails, and how to tell the difference
Statement of responsibility
Dani Rodrik
Creator
Author
Subject
Language
eng
Summary
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
Cataloging source
DLC
http://library.link/vocab/creatorName
Rodrik, Dani
Dewey number
330.01/5195
Illustrations
illustrations
Index
index present
LC call number
HB135
LC item number
.R625 2015
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Economics, Mathematical
  • Economics
  • Economic policy
  • Economists
  • Economic policy
  • Economics, Mathematical
  • Economics
  • Economists
Label
Economics rules : why economics works, when it fails, and how to tell the difference, Dani Rodrik
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 217-231) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
921973365
Dimensions
23 cm
Edition
First edition.
Extent
xi, 253 pages
Isbn
9780198736899
Lccn
2015948055
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustration
System control number
(OCoLC)921973365
Label
Economics rules : why economics works, when it fails, and how to tell the difference, Dani Rodrik
Publication
Bibliography note
Includes bibliographical references (pages 217-231) and index
Carrier category
volume
Carrier category code
  • nc
Carrier MARC source
rdacarrier
Content category
text
Content type code
  • txt
Content type MARC source
rdacontent
Control code
921973365
Dimensions
23 cm
Edition
First edition.
Extent
xi, 253 pages
Isbn
9780198736899
Lccn
2015948055
Media category
unmediated
Media MARC source
rdamedia
Media type code
  • n
Other physical details
illustration
System control number
(OCoLC)921973365

Library Locations

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      38.944491 -92.326012
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