000			01600nam a22001577a 4500
999			_c25433 _d25433
020			_a9780198736905
082			_a330.09 _bROD-E
100			_aRodrik, Dani
245			_aEconomics Rules _b: why economics works, when it fails, and how to tell the difference
260			_aNew York _bOxford University Press _c2017
300			_axi, 253p.
504			_aInclude Index
520			_aDani Rodrik argues that the multiplicity of theoretical frameworks - what economists call 'models' that exist side by side is economics' great strength. Economists are trained to hold diverse, possibly contradictory models of the world in their minds. This is what allows them, when they do their job right, to comprehend the world, make useful suggestions for improving it, and to advance their stock of knowledge over time. In short, it is what makes economics a 'science' a different kind of science from physics or some other natural sciences, but science nonetheless. Economists are prone to fads and fashions and behave too often as if their discipline is about the search for the model that works always and everywhere, rather than a portfolio of models. Their training lets them down when it comes to navigating among diverse models and figuring out which one applies where. Ideology and political preferences frequently substitute for analysis in choosing among models. So the book offers both a defence and critique of economics. Economists' way of thinking about social phenomena has great advantages.
650			_aEconomic policy _vEconomics--Methodology _vEconomics--Mathematical models
942			_2ddc _cBK