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Economics for the Common Good (Hardcover)
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Economics for the Common Good (Hardcover)
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From Nobel Prize-winning economist Jean Tirole, a bold new agenda
for the role of economics in society When Jean Tirole won the 2014
Nobel Prize in Economics, he suddenly found himself being stopped
in the street by complete strangers and asked to comment on issues
of the day, no matter how distant from his own areas of research.
His transformation from academic economist to public intellectual
prompted him to reflect further on the role economists and their
discipline play in society. The result is Economics for the Common
Good, a passionate manifesto for a world in which economics, far
from being a "dismal science," is a positive force for the common
good. Economists are rewarded for writing technical papers in
scholarly journals, not joining in public debates. But Tirole says
we urgently need economists to engage with the many challenges
facing society, helping to identify our key objectives and the
tools needed to meet them. To show how economics can help us
realize the common good, Tirole shares his insights on a broad
array of questions affecting our everyday lives and the future of
our society, including global warming, unemployment, the post-2008
global financial order, the Euro crisis, the digital revolution,
innovation, and the proper balance between the free market and
regulation. Providing a rich account of how economics can benefit
everyone, Economics for the Common Good sets a new agenda for the
role of economics in society.
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