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What Do Economists Contribute?
Contributor(s): Klein, Daniel B. (Author)
ISBN: 0814747221     ISBN-13: 9780814747223
Publisher: New York University Press
OUR PRICE:   $88.11  
Product Type: Hardcover - Other Formats
Published: January 1999
Qty:
Annotation: Do economists have much influence on government policy, particularly over, say, five or ten years? Probably not. 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 of papers, 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.Mark Blaug, University of ExeterEconomists direct their research mainly to the technical frontiers of the discipline. But the actual decisions of political economy are made, not by experts, but by ordinary public officials and votersthe "Everyman." However, the task of educating the Everyman is neglected, sometimes even denigrated, by academic economists.Daniel Klein has here gathered essays of 9 great economists of this centuryFriedrich Hayek, Ronald Coase, Thomas Schelling, Gordon Tullock, Israel Kirzner, Frank Graham, William Hutt, Clarence Philbrook, and D. McCloskeyaddressing the existential issue for economists: "How do we contribute to human betterment?"The authors express their esteem for economic research firmly rooted in public issues and that contributes to public discourse. Some suggest that the academic focus on technical refinement not only diverts economists from efforts at public edification, but might even mislead economists in their own understanding of economic affairs.
Additional Information
BISAC Categories:
- Political Science | Public Policy - Economic Policy
- Business & Economics | Economics - General
Dewey: 330
LCCN: 98-13820
Physical Information: 0.69" H x 5.67" W x 8.82" (0.82 lbs) 208 pages
 
Descriptions, Reviews, Etc.
Publisher Description:

Economists direct their research mainly to the technical frontiers of the discipline. But the actual decisions of political economy are made, not by experts, but by ordinary public officials and voters--the Everyman. However, the task of educating the Everyman is neglected, sometimes even denigrated, by academic economists.
Daniel Klein has here gathered essays of 9 great economists of this century--Friedrich Hayek, Ronald Coase, Thomas Schelling, Gordon Tullock, Israel Kirzner, Frank Graham, William Hutt, Clarence Philbrook, and D. McCloskey--addressing the existential issue for economists: How do we contribute to human betterment?
The authors express their esteem for economic research firmly rooted in public issues and that contributes to public discourse. Some suggest that the academic focus on technical refinement not only diverts economists from efforts at public edification, but might even mislead economists in their own understanding of economic affairs.


Contributor Bio(s): Klein, Daniel B.: -

Daniel B. Klein is Associate Professor of Economics at Santa Clara University. He is 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 and What Do Economists Contribute?, available from NYU Press.