The Resource Economics rules : the rights and wrongs of the dismal science, Dani Rodrik

Economics rules : the rights and wrongs of the dismal science, Dani Rodrik

Label
Economics rules : the rights and wrongs of the dismal science
Title
Economics rules
Title remainder
the rights and wrongs of the dismal science
Statement of responsibility
Dani Rodrik
Creator
Subject
Genre
Language
eng
Summary
  • Takes a close look at economics to examine when it falls short and when it works, to give a surprisingly upbeat account of the discipline. Drawing on the history of the field and his deep experience as a practitioner, Rodrik argues that economics can be a powerful tool that improves the world--but only when economists abandon universal theories and focus on getting the context right. Economics Rules argues that the discipline's much-derided mathematical models are its true strength. Models are the tools that make economics a science. Too often, however, economists mistake a model for the model that applies everywhere and at all times
  • "In the wake of the financial crisis and the Great Recession, economics seems anything but a science. In this sharp, masterfully argued book, Dani Rodrik, a leading critic from within, takes a close look at economics to examine when it falls short and when it works, to give a surprisingly upbeat account of the discipline. Drawing on the history of the field and his deep experience as a practitioner, Rodrik argues that economics can be a powerful tool that improves the world--but only when economists abandon universal theories and focus on getting the context right. Economics Rules argues that the discipline's much-derided mathematical models are its true strength. Models are the tools that make economics a science. Too often, however, economists mistake a model for the model that applies everywhere and at all times. In six chapters that trace his discipline from Adam Smith to present-day work on globalization, Rodrik shows how diverse situations call for different models. Each model tells a partial story about how the world works. These stories offer wide-ranging, and sometimes contradictory, lessons--just as children's fables offer diverse morals. Whether the question concerns the rise of global inequality, the consequences of free trade, or the value of deficit spending, Rodrik explains how using the right models can deliver valuable new insights about social reality and public policy. Beyond the science, economics requires the craft to apply suitable models to the context. The 2008 collapse of Lehman Brothers challenged many economists' deepest assumptions about free markets. Rodrik reveals that economists' model toolkit is much richer than these free-market models. With pragmatic model selection, economists can develop successful antipoverty programs in Mexico, growth strategies in Africa, and intelligent remedies for domestic inequality. At once a forceful critique and defense of the discipline, Economics Rules charts a path toward a more humble but more effective science." -- Publisher's description
Cataloging source
DLC
http://library.link/vocab/creatorName
Rodrik, Dani
Index
index present
LC call number
HB75
LC item number
.R5785 2015
Literary form
non fiction
Nature of contents
bibliography
http://library.link/vocab/subjectName
  • Economics
  • Economics
  • Kritik
  • Wirtschaft
  • Wirtschaftswissenschaften
  • Nationalekonomi
  • Ekonomiska teorier
  • Ekonomisk historia
  • Économie politique
  • Mathématiques économiques
Label
Economics rules : the rights and wrongs of the dismal science, Dani Rodrik
Instantiates
Publication
Bibliography note
Includes bibliographical references (pages 217-231) and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
The use and misuse of economic ideas -- What models do -- The science of economic modeling -- Navigating among models -- Models and theories -- When economists go wrong -- Economics and its critics -- The twenty commandments
Dimensions
22 cm
Edition
First edition.
Extent
xv, 253 pages
Isbn
9780393246414
Isbn Type
(hardcover)
Lccn
2015020153
Media category
unmediated
Media MARC source
rdamedia
Stock number
99968203284
System control number
  • (OCoLC)902661265
  • (OCoLC)ocn902661265
Label
Economics rules : the rights and wrongs of the dismal science, Dani Rodrik
Publication
Bibliography note
Includes bibliographical references (pages 217-231) and index
Carrier category
volume
Carrier MARC source
rdacarrier
Content category
text
Content type MARC source
rdacontent
Contents
The use and misuse of economic ideas -- What models do -- The science of economic modeling -- Navigating among models -- Models and theories -- When economists go wrong -- Economics and its critics -- The twenty commandments
Dimensions
22 cm
Edition
First edition.
Extent
xv, 253 pages
Isbn
9780393246414
Isbn Type
(hardcover)
Lccn
2015020153
Media category
unmediated
Media MARC source
rdamedia
Stock number
99968203284
System control number
  • (OCoLC)902661265
  • (OCoLC)ocn902661265

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