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The title of this book raises a provocative question that should make all economists think. What is our raison d'etre ? Only a few economists have specifically addressed the issue. Several of the more challenging efforts are included here. Do economists have much influence on government policy, particularly over, say, five or ten years? Is that because they don't try hard enough or is it because politicians care more about the next election than about the opinion of economists? In this splendid collection, some published as long ago as the 1930s, nine great economists consider these questions. The editor's illuminating introduction sorts out the area of agreement and disagreement between them.
RONALD H. COASE Nobel Prize in Economic Science, 1991 FRANK D. GRAHAM (1890-1949) Professor of Economics at Princeton University until his death in 1949 FRIEDRICH A. HAYEK (1899-1992) Nobel Prize in Economic Science, 1974. Professor at LSE, 1931-49. Author of The Road to Serfdom WILLIAM H. HUTT (b.1899) Professor of Economics at Capetown University and Texas, A & M. Author of Economists and the Public ISRAEL M. KIRZNER (b.1930) Professor of Economics at New York University since 1957 DEIRDRE N. MCCLOSKEY (b.1942) Professor of Economics and of History at the University of Iowa CLARENCE PHILBROOK (1909-78) was Professor of Economics at the University of North Carolina (1947-1975) THOMAS C. SCHELLING (b.1921) Professor of Economics at the University of Maryland and previously at Harvard GORDON TULLOCK Professor of Economics at the University of Arizona; editor of Public Choice for 25 years
Editor's Introduction Bibliography Biographies of Contributors On the Role of Values in the Work of Economists; F.D.Graham Economists and Public Policy; R.Coase On the Decline of Authority of Economists; W.H.Hutt 'Realism' in Policy Espousal; C.Philbrook How to Do Well While Doing Good!; G.Gordon The Common Weal and Economic Stories; D.N.McCloskey What Do Economists Know?; T.C.Schelling Economists and the Correction of Error; I.M.Kirzner On Being an Economist; F.A.Hayek
Show moreThe title of this book raises a provocative question that should make all economists think. What is our raison d'etre ? Only a few economists have specifically addressed the issue. Several of the more challenging efforts are included here. Do economists have much influence on government policy, particularly over, say, five or ten years? Is that because they don't try hard enough or is it because politicians care more about the next election than about the opinion of economists? In this splendid collection, some published as long ago as the 1930s, nine great economists consider these questions. The editor's illuminating introduction sorts out the area of agreement and disagreement between them.
RONALD H. COASE Nobel Prize in Economic Science, 1991 FRANK D. GRAHAM (1890-1949) Professor of Economics at Princeton University until his death in 1949 FRIEDRICH A. HAYEK (1899-1992) Nobel Prize in Economic Science, 1974. Professor at LSE, 1931-49. Author of The Road to Serfdom WILLIAM H. HUTT (b.1899) Professor of Economics at Capetown University and Texas, A & M. Author of Economists and the Public ISRAEL M. KIRZNER (b.1930) Professor of Economics at New York University since 1957 DEIRDRE N. MCCLOSKEY (b.1942) Professor of Economics and of History at the University of Iowa CLARENCE PHILBROOK (1909-78) was Professor of Economics at the University of North Carolina (1947-1975) THOMAS C. SCHELLING (b.1921) Professor of Economics at the University of Maryland and previously at Harvard GORDON TULLOCK Professor of Economics at the University of Arizona; editor of Public Choice for 25 years
Editor's Introduction Bibliography Biographies of Contributors On the Role of Values in the Work of Economists; F.D.Graham Economists and Public Policy; R.Coase On the Decline of Authority of Economists; W.H.Hutt 'Realism' in Policy Espousal; C.Philbrook How to Do Well While Doing Good!; G.Gordon The Common Weal and Economic Stories; D.N.McCloskey What Do Economists Know?; T.C.Schelling Economists and the Correction of Error; I.M.Kirzner On Being an Economist; F.A.Hayek
Show moreEditor's Introduction Bibliography Biographies of Contributors On the Role of Values in the Work of Economists; F.D.Graham Economists and Public Policy; R.Coase On the Decline of Authority of Economists; W.H.Hutt 'Realism' in Policy Espousal; C.Philbrook How to Do Well While Doing Good!; G.Gordon The Common Weal and Economic Stories; D.N.McCloskey What Do Economists Know?; T.C.Schelling Economists and the Correction of Error; I.M.Kirzner On Being an Economist; F.A.Hayek
Daniel Klein is the co-author of "Curb Rights: A Foundation for Free Enterprise in Urban Transit", and editor of "Reputation: Studies in the Voluntary Elicitation of Good Conduct".
DANIEL KLEIN is a Associate Professor of Economics at Santa Clara University. He discovered economics during high school through a friend who used economic principles to explain why school was so bad. Ever since, Klein has believed in the power of economics to interpret the world and to persuade people to see things differently. He teaches courses in economic principles, public policy issues, and game theory. He is the co-author of Curb Rights: A Foundation for Free Enterprise in Urban Transit, and editor of Reputation: Studies in the Voluntary Elicitation of Good Conduct.
'The title of this book raises a provocative question that should make all economists think. What is our raison d'etre? Only a few economists have specifically addressed the issue. Several of the more challenging efforts are included here.' - James M. Buchanan, Professor of Economics, George Mason University - 'Do economists have much influence on government policy, particulary over, say, 5 or 10 years? Probably not. Is that because they don't try hard enough or is it because politicians care more about the next election that about the opinion of economicsts? In this splendid collection, some published as long ago as the 1930s, nine great economists consider these questions. The editor's illuminating introduction sorts out the eare of agreement and disagreement between them' - Mark Blaugh, Visiting Professor of Economics, University of Exeter
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