Inside the Economist's Mind

Inside the Economist's Mind

Author: Paul A. Samuelson

Publisher: John Wiley & Sons

Published: 2009-02-09

Total Pages: 456

ISBN-13: 140517871X

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By focusing on the human side as well as the intellectualdimensions of how economists work and think, this collection ofinterviews with top economists of the 20th century becomes astartling and lively introduction to the modern world ofmacroeconomics. A fun read! For more information, frequent updates, and to comment on theforthcoming book, visit William A. Barnett's weblog athttp://economistmind.blogspot.com/. Acclaim for Inside the Economist's Mind "In candid interviews, these great economists prove to befabulous story tellers of their lives and times. Unendinglygripping for insiders, this book should also help non-specialistsunderstand how economists think." Professor Julio Rotemberg, Harvard University Business School,and Editor, Review of Economics and Statistics. "Economics used to be called the 'dismal science'. It will beimpossible for anybody to hold that view anymore ... This isscience with flesh and blood, and a lot of fascinating stories thatyou will find nowhere else." Dr. Jean-Pascal Bénassy, Paris-Jourdan SciencesÉconomiques, Paris, France "This book provides a rare and intriguing view of the personaland professional lives of leading economists ... It is like ABeautiful Mind, scaled by a factor of 16 [the number ofinterviews in the book]." Professor Lee Ohanian, University of California at LosAngeles " ... if you want an insider view of how economics has beendeveloping in the last decades, this is the (only) book foryou." Professor Giancarlo Gandolfo, University of Rome ‘LaSapienza,’ Rome "Here we see the HUMAN side of path-breaking research, thepersonalities and pitfalls, the DRAMA behind the science." Professor Francis X. Diebold, University of Pennsylvania,Philadelphia


The Great Economists

The Great Economists

Author: Linda Yueh

Publisher: Penguin UK

Published: 2018-03-15

Total Pages: 399

ISBN-13: 0241974488

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What can the ideas of history's greatest economists tell us about the most important issues of our time? 'The best place to start to learn about the very greatest economists of all time' Professor Tyler Cowen, author of The Complacent Class and The Great Stagnation ___________________________ Since the days of Adam Smith, economists have grappled with a series of familiar problems -- but often their ideas are hard to digest, before we even try to apply them to today's issues. Linda Yueh is renowned for her combination of erudition, as an accomplished economist herself, and accessibility, as a leading writer and broadcaster in this field; and in The Great Economists she explains the key thoughts of history's greatest economists, how their lives and times affected their ideas, how our lives have been influenced by their work, and how they could help with the policy challenges that we face today. In the light of current economic problems, and in particular economic growth, Yueh explores the thoughts of economists from Adam Smith and David Ricardo through Joan Robinson and Milton Friedman to Douglass North and Robert Solow. Along the way she asks, for example: what do the ideas of Karl Marx tell us about the likely future for the Chinese economy? How does the work of John Maynard Keynes, who argued for government spending to create full employment, help us think about state investment? And with globalization in trouble, what can we learn about handling Brexit and Trumpism? In one accessible volume, this expert new voice provides an overarching guide to the biggest questions of our time. The Great Economists includes: Adam Smith David Ricardo Karl Marx Alfred Marshall Irving Fisher John Maynard Keynes Joseph Schumpeter Friedrich Hayek Joan Robinson Milton Friedman Douglass North Robert Solow ___________________________ 'Economics students, like others, can learn a lot from this book' - Professor Paul Collier, author of The Bottom Billion 'Not only a great way to learn in an easily readable manner about some of the greatest economic influences of the past, but also a good way to test your own a priori assumptions about some of the big challenges of our time' - Lord Jim O'Neill, former Chairman at Goldman Sachs Asset Management, former UK Treasury Minister, and author of The Growth Map 'An extremely engaging survey of the lifetimes and ideas of the great thinkers of economic history' - Professor Kenneth Rogoff, author of The Curse of Cash and co-author of This Time is Different 'This book is a very readable introduction to the lives and thinking of the greats' - Professor Raghuram Rajan, former Governor of the Reserve Bank of India, and author of I Do What I Do and Fault Lines 'Read it not only to learn about the world's great economists, but also to see how consequential thought innovations can be, and have been' - Mohamed el-Erian, Chief Economic Adviser at Allianz, former CEO of PIMCO


When the President Calls

When the President Calls

Author: Simon W. Bowmaker

Publisher: MIT Press

Published: 2019-10-15

Total Pages: 689

ISBN-13: 0262043114

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Interviews with thirty-five economic policymakers who advised presidents from Nixon to Trump. What is it like to sit in the Oval Office and discuss policy with the president? To know that the decisions made will affect hundreds of millions of people? To know that the wrong advice could be calamitous? When the President Calls presents interviews with thirty-five economic policymakers who served presidents from Nixon to Trump. These officials worked in the executive branch in a variety of capacities—the Council of Economic Advisers, the Office of Management and Budget, the Department of the Treasury, and the National Economic Council—but all had direct access to the policymaking process and can offer insights about the difficult tradeoffs made on economic policy. The interviews shed new light, for example, on the thinking behind the Reagan tax cuts, the economic factors that cost George H. W. Bush a second term, the constraints facing policymakers during the financial crisis of 2008, the differences in work styles between Bill Clinton and Barack Obama, and the Trump administration's early budget process. When the President Calls offers a unique, behind-the-scenes perspective on US economic policymaking, with specific and personal detail—the turmoil, the personality clashes, the enormous pressure of trying to do the right thing while the clock is ticking. Interviews with Nicholas F. Brady, Lael Brainard, W. Michael Blumenthal, Michael J. Boskin, Stuart E. Eizenstat, Martin S. Feldstein, Stephen Friedman, Jason Furman, Austan D. Goolsbee, Alan Greenspan, Kevin A. Hassett, R. Glenn Hubbard, Alan B. Krueger, Arthur B. Laffer, Edward P. Lazear, Jacob J. Lew, N. Gregory Mankiw, David C. Mulford, John Michael Mulvaney, Paul H. O'Neill, Peter R. Orszag, Henry M. Paulson, Alice M. Rivlin, Harvey S. Rosen, Robert E. Rubin, George P. Shultz, Charles L. Schultze, John W. Snow, Gene B. Sperling, Joseph E. Stiglitz, Lawrence H. Summers, John B. Taylor, Paul A. Volcker, Murray L. Weidenbaum, Janet L. Yellen


Conversations with Great Economists

Conversations with Great Economists

Author: Diego Pizano

Publisher: Jorge Pinto Books Inc.

Published: 2009-08

Total Pages: 173

ISBN-13: 1934978205

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"Depressions are not the result of the operation of the market. They are the result of government controls, particularly in the sphere of monetary policy".Professor F.A.Hayek, Nobel Prize winner in Economics. "It is because I want to make economics more human that I want to make it more time conscious." Professor Sir John Hicks, Nobel Prize winner in Economics. "The most important challenge facing the world economy is the need to strengthen the adjustment mechanism between the growth of supply and demand for primary products".Professor N.Kaldor, Cambridge University. "Many people in the Soviet Union are aware that our economic system is not perfect...It is true that the Soviet economy's growth rate has decreased".Professor L.V.Kantorovich, Nobel Prize Winner in Economics. "The unemployment of developing economies arises because productive capacity and effective demand have never been at an appropriate level".Professor J.Robinson, University of Cambridge. "Schumpeter was wrong when he thought there is a timetable for the disappearance of capitalism".Professor P.Samuelson, Nobel Prize winner in Economics. "I am not as optimistic as Keynes in the sense the economic problem will disappear as a result of compound interest and technical progress."Professor J.Tinbergen, Nobel Prize Winner in Economics. ----------------------------------------------------------------------------------------------------------- "A useful and important book".Professor P.Samuelson, MIT, Nobel Prize winner in economics. "A lively addition to the economics literature".Professor A.Hirschman, Institute for Advanced Study, Princeton, New Jersey. "You will have read, studied or taught the work of these outstanding economists.Now you get a chance to meet them.Through the work of Diego Pizano we learn about how they thought and not just what they thought". Professor R.Bates, Harvard University. "Through penetrating and well structured questions, Colombian economist Diego Pizano manages to reveal the thought processes of five of the first Nobel Prize winners in Economics and two who could have obtained it, Joan Robinson and N.Kaldor.This book has to be read by all researchers interested in the history of economic thought and by all persons interested in economics as a discipline." Professor D.Hueth, University of Maryland ___________________________________________________________________________________________________ DIEGO PIZANO was economic advisor to the President of Colombia between 1982 and 1986.He is the Chairman of the Board of the University of the Andes(Bogot , Colombia) and the President of the Common Code for the Coffee Community Association(Bonn, Germany).


What Would the Great Economists Do?

What Would the Great Economists Do?

Author: Linda Yueh

Publisher: Picador USA

Published: 2018-06-05

Total Pages: 369

ISBN-13: 1250180538

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An "exploration of the life and work of world-changing thinkers--from Adam Smith to John Maynard Keynes--and how their ideas would solve the great economic problems we face today"--Amazon.com.


Economics and Sociology

Economics and Sociology

Author: Richard Swedberg

Publisher: Princeton University Press

Published: 1990-02-14

Total Pages: 374

ISBN-13: 9780691003764

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The boundary between economics and sociology is presently being redefined--but how, why, and by whom? Richard Swedberg answers these questions in this thought-provoking book of conversations with well-known economists and sociologists. Among the economists interviewed are Gary Becker, Amartya Sen, Kenneth Arrow, and Albert O. Hirschman; the sociologists include Daniel Bell, Harrison White, James Coleman, and Mark Granovetter. The picture that emerges is that economists and sociologists have paid little attention to each other during most of the twentieth century: social problems have been analyzed as if they had no economic dimension and economic problems as if they had no social dimension. Today, however, there is a dialogue between the two fields, as economists take on social topics and as sociologists become interested in rational choice and "new economic sociology." The interviewees describe how they came to challenge the present separation between economics and sociology, what they think of the various proposals to integrate the fields, and how they envision the future. The author summarizes the results of the conversations in the final chapter. The individual interviews also serve as superb introductions to the work of these scholars.


The Economists' Hour

The Economists' Hour

Author: Binyamin Appelbaum

Publisher: Little, Brown

Published: 2019-09-03

Total Pages: 473

ISBN-13: 0316512273

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In this "lively and entertaining" history of ideas (Liaquat Ahamed, The New Yorker), New York Times editorial writer Binyamin Appelbaum tells the story of the people who sparked four decades of economic revolution. Before the 1960s, American politicians had never paid much attention to economists. But as the post-World War II boom began to sputter, economists gained influence and power. In The Economists' Hour, Binyamin Appelbaum traces the rise of the economists, first in the United States and then around the globe, as their ideas reshaped the modern world, curbing government, unleashing corporations and hastening globalization. Some leading figures are relatively well-known, such as Milton Friedman, the elfin libertarian who had a greater influence on American life than any other economist of his generation, and Arthur Laffer, who sketched a curve on a cocktail napkin that helped to make tax cuts a staple of conservative economic policy. Others stayed out of the limelight, but left a lasting impact on modern life: Walter Oi, a blind economist who dictated to his wife and assistants some of the calculations that persuaded President Nixon to end military conscription; Alfred Kahn, who deregulated air travel and rejoiced in the crowded cabins on commercial flights as the proof of his success; and Thomas Schelling, who put a dollar value on human life. Their fundamental belief? That government should stop trying to manage the economy.Their guiding principle? That markets would deliver steady growth, and ensure that all Americans shared in the benefits. But the Economists' Hour failed to deliver on its promise of broad prosperity. And the single-minded embrace of markets has come at the expense of economic equality, the health of liberal democracy, and future generations. Timely, engaging and expertly researched, The Economists' Hour is a reckoning -- and a call for people to rewrite the rules of the market. A Wall Street Journal Business BestsellerWinner of the Porchlight Business Book Award in Narrative & Biography


Speaking of Economics

Speaking of Economics

Author: Arjo Klamer

Publisher: Routledge

Published: 2007-01-25

Total Pages: 417

ISBN-13: 1134158238

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Making sense of economists and their world in a persuasive and entertaining style, Arjo Klamer, the author of a number of influential books including Conversation with Economists and The Consequences of Economic Rhetoric, shows that economics is as much about how people interact as it is about the models, the mathematics, the econometrics, the theo


Educating Economists

Educating Economists

Author: David C. Colander

Publisher: Edward Elgar Publishing

Published: 2010-01-01

Total Pages: 273

ISBN-13: 1849801959

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This volume is an excellent outcome of an American Economic Association Committee for Economic Education project aimed at advancing the teaching of economics within a liberal arts context. Dave Colander and KimMarie McGoldrick assembled a most able panel of contributors for this effort that includes dialogue on what should be taught, how it should be taught, and how that teaching and learning should be assessed and rewarded. To the editors credit, they have not attempted to dictate policy but to stimulate debate on the topics. This volume is a must read for anyone seriously interested in the teaching of economics at the tertiary level. William E. Becker, Indiana University, Bloomington, US The economics major is a central part of a college education. But is that economics major doing what it is meant to do? And if not, how should it be changed? This book raises a set of provocative questions that encourage readers to look at the economics major in a different light than it is typically considered and provides a series of recommendations for change. Responding to a Teagle Foundation initiative on the role of majors in higher education, the contributors eminent economists and administrators consider the relationship between the goals and objectives of the economics major and those of a liberal education. They address questions such as: What is the appropriate training for a person who will be teaching in a liberal arts school? What incentives would motivate the creation of institutional value through teaching and not simply research? They also explore whether the disciplinary nature of undergraduate education is squeezing out the big-think questions, and replacing them with little-think questions, and whether we should change graduate training of economists to better prepare them to be teachers, rather than researchers. Providing a stimulating discussion of the economics major by many of the leaders in US economic education, this book will prove a thought provoking read for those with a special interest in economics and economics education, particularly academics, lecturers, course administrators, students and researchers.


Thought Economics

Thought Economics

Author: Vikas Shah

Publisher: Michael O'Mara Books

Published: 2021-02-04

Total Pages: 276

ISBN-13: 1789292670

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Including conversations with world leaders, Nobel prizewinners, business leaders, artists and Olympians, Vikas Shah quizzes the minds that matter on the big questions that concern us all.