Economics

Indeks : p.191-199 ; p.187-190 ; The author once again distinguishes himself from other academic economists by writing about the profession - and its foibles - in plain English. How is it that a discipline that so permeates daily life is at once soft and scientific, powerful and ignored, noble and disdained? Here is an attempt to make sense of all that. Whether you are a student, academician, journalist, practicing economist, or interested ousider, this book will get you interested in a conversation about economics. Economists disagree so fundamentally that conversation becomes impossible: students of the most prestigious graduate schools emerge with significantly different views; mathematical equations become more real than the everyday world. And, after all these years, the Nobel Prize-worthy profession cannot tell us, say, how a 1 percent increase in the price of electricity will affect the utility industry. How can this be a science? An economists reconciles all of this with an intimacy and readability rarely seen in books concerning economics - without eschewing academic methodology.