Economics is the study of a complex system in which simple laws are
not always forthcoming. That complexity mandates three branches of
the profession: positive, normative and the art of economics. The
economics profession has focused on one of these - positive
economics, and in doing so has lost the art of economics. In a
series of provocative essays the author argues that most of what
economists do is applied policy, which belongs in the art of
economics, not in normative or positive economics. The essays
explore the forces in academic institutions that have led economics
to its current position, as well as the implications of the lost
art for the economics profession and its future. In the end, the
author is positive about the future of the profession, and predicts
that in 2050 it will no longer be as Solow suggested it currently
is - 'the overeducated in pursuit of the unknowable'. Instead it
will be the 'appropriately educated in search of the knowable'. The
essays are written in a highly accessible style, and can be enjoyed
by most non-economists, as well as by those economists who don't
take themselves too seriously. It can be usefully read by all
economists, even those who do take themselves too seriously.
General
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
