000			03219cam a2200325 i 4500
001			18638281
003			OSt
005			20260515154551.0
008			150601s2015 nyu b 001 0 eng
010			_a 2015020153
020			_a9780393246414 _qhardcover
035			_a18638281
040			_aDLC _beng _cDLC _erda _dDLC
042			_apcc
050	0	0	_aHB75 _b.R5785 2015
082	0	0	_a330 _223
100			_aRodrik, Dani. _9303244 _eauthor
245	1	0	_aEconomics rules : _bthe rights and wrongs of the dismal science / _cDani Rodrik.
250			_aFirst edition.
264		1	_aNew York : _bW.W. Norton & Company, _c[2015]
300			_axv, 253 pages ; _c22 cm
336			_atext _2rdacontent
337			_aunmediated _2rdamedia
338			_avolume _2rdacarrier
504			_aIncludes bibliographical references (pages 217-231) and index.
505			_aINTRODUCTION: The Use and Misuse of Economic Ideas -- 1: What Models Do -- 2: The Science of Economic Modeling -- 3: Navigating among Models -- 4: Models and Theories -- 5: When Economists Go Wrong -- 6: Economics and Its Critics -- EPILOGUE: The Twenty Commandments.
520			_aIn 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.
650		0	_aEconomics _xHistory.
942			_2lcc _c29
999			_c305979 _d305979