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Craft of Economics
Angielski
59 b
30 dni na zwrot towaru
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In this spirited and provocative book, Edward Leamer turns an examination of the HeckscherOhlin framework for global competition into an opportunity to consider the craft of economics: what economists do, what they should do, and what they shouldnt do. Claiming a lifetime relationship with HeckscherOhlin, Leamer argues that Bertil Ohlins original idea offered something useful though vague and not necessarily valid; the economists who later translated his ideas into mathematical theorems offered something precise and valid but not necessarily useful. He argues further that the best economists keep formal and informal thinking in balance. An Ohlinesque mostly prose style can let in faulty thinking and fuzzy communication; a mostly math style allows misplaced emphasis and opaque communication. Leamer writes that todays model- and math-driven economics needs more prose and less math.
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