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Economics rules : the rights and wrongs of the dismal science / Dani Rodrik.

by Rodrik, Dani, author.

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New York : W.W. Norton & Company, c2015.

9780393246414 (hardcover) :

0393246418 (hardcover)

xv, 253 pages ; 22 cm

The use and misuse of economic ideas -- What models do -- The science of economics modeling -- Navigating among models -- Models and theories -- When economists go wrong -- Economics and its critics -- The twenty commandments.

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. Drawing on the history of the field and his deep experience as a practitioner, Rodrik argues that economics can be a powerful tool that improves the world--but only when economists abandon universal theories and focus on getting the context right. Economics Rules argues that the discipline's much-derided mathematical models are its true strength. Models are the tools that make economics a science. Too often, however, economists mistake a model for the model that applies everywhere and at all times.

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