Rethinking Economics, From the Inside Out
In the wake of the financial crisis and the Great Recession, economics seems anything but a science. Economics Rules takes a close look at economics to examine when it falls short and when it works, to give a surprisingly upbeat account of the discipline. With pragmatic model selection, economists can develop successful antipoverty programs in Mexico, growth strategies in Africa, and intelligent remedies for domestic inequality. At once a forceful critique and defense of the discipline, Economics Rules charts a path toward a more humble but more effective science.