Economics Rules: Why Economics Works, When It Fails, and How To Tell The Difference

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9780198736899: Economics Rules: Why Economics Works, When It Fails, and How To Tell The Difference
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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.

Biografía del autor:

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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Dani Rodrik
Editorial: Oxford University Press, United Kingdom (2015)
ISBN 10: 0198736894 ISBN 13: 9780198736899
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Descripción Oxford University Press, United Kingdom, 2015. Hardback. Estado de conservación: New. 223 x 144 mm. Language: English . Brand New Book. 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. Nº de ref. de la librería AOP9780198736899

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Descripción Oxford University Press, United Kingdom, 2015. Hardback. Estado de conservación: New. 223 x 144 mm. Language: English . Brand New Book. 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. Nº de ref. de la librería AOP9780198736899

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Descripción Oxford University Press. Hardback. Estado de conservación: new. BRAND NEW, Economics Rules: Why Economics Works, When it Fails, and How to Tell the Difference, Dani Rodrik, 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. Nº de ref. de la librería B9780198736899

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Descripción Oxford University Press, 2015. Estado de conservación: New. 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. Num Pages: 272 pages. BIC Classification: KCA. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 225 x 144 x 29. Weight in Grams: 444. . 2015. 1st Edition. Hardcover. . . . . . Nº de ref. de la librería V9780198736899

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Descripción Oxford University Press. Estado de conservación: New. 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. Num Pages: 272 pages. BIC Classification: KCA. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 225 x 144 x 29. Weight in Grams: 444. . 2015. 1st Edition. Hardcover. . . . . Books ship from the US and Ireland. Nº de ref. de la librería V9780198736899

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Descripción Hardback. Estado de conservación: New. Not Signed; 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. book. Nº de ref. de la librería ria9780198736899_rkm

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Descripción Oxford University Press 2015-10-08, Oxford, 2015. hardback. Estado de conservación: New. Nº de ref. de la librería 9780198736899

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