Coming soon: Economic Ideas You Should Forget
Reporting on cutting-edge advances in economics, the volume "Economic Ideas You Should Forget", edited by Bruno S. Frey and David Iselin, presents a selection of commentaries that reveal the weaknesses of several core economics concepts.
Economics is a vigorous and progressive science, which does not lose its force when particular parts of its theory are empirically invalidated; instead, they contribute to the accumulation of knowledge.
By discussing problematic theoretical assumptions and drawing on the latest empirical research, external pageEconomic Ideas You Should Forget questions specific hypotheses and rejects major economic ideas from the “Coase Theorem” to “Say’s Law” and “Bayesianism.” Many of these ideas remain prominent among politicians, economists and the general public. Yet, in the light of the financial crisis, they have lost both their relevance and supporting empirical evidence.
This fascinating collection of 71 short essays written by respected economists, among them Daron Acemoglu, Ken Binmore, Clemens Fuest, Richard Easterlin, Jeffrey Sachs, Elsbeth Stern, Hans-Werner Sinn, Jan-Egbert Sturm, David Throsby among others, and social scientists from all over the world will appeal to anyone interested in scientific progress and the further development of economics.
Details about the book
external pageEconomic Ideas You Should Forget
Editors: Bruno S. Frey and David Iselin
Publication date: End of March, 2017
Springer International Publishing
eBook: CHF 26.00
Softcover: CHF 33.00
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