ECONOMICS RULES
The Rights and Wrongs of the Dismal Science
Paperback
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Presenting both a forceful critique and worthy defense of economics as a discipline, this thought-provoking volume charts a path toward a more effective science, arguing that economics can be a powerful tool for improving the world, but only if practitioners are willing to abandon universal theories and focus instead on getting the context right.
Six chapters trace the history of the discipline from Adam Smith to present-day globalization, revealing how different situations call for different models, with each model telling only a partial story of how the world works. Overall, the book emphasizes that whether a question concerns the rise of global inequality, the consequences of free trade, or the value of deficit spending, the right models can deliver valuable new insights about social reality and public policy.
Copyright | 2015 |
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Publisher | Norton |
Pages | 253 |
Grade | 10 and up |
ISBN | 9780393353419 |