Economics Rules: Why Economics Works, When It Fails, and How to Tell the Difference

Economics Rules: Why Economics Works, When It Fails, and How to Tell the Difference
ISBN-10
0198736894
ISBN-13
9780198736899
Category
Economic policy
Pages
176
Language
English
Published
2015
Publisher
Oxford University Press, USA
Author
Dani Rodrik

Description

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.

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