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Economics Rules: The Rights and Wrongs of the Dismal Science

Rodrik, Dani, (2015), “Economics Rules: The Rights and Wrongs of the Dismal Science”, W. W. Norton & Company, Inc Publications, Οκτώβριος.

In 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.

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