Titlebook: What Do Economists Contribute?; Daniel B. Klein (Associate Professor of Economics) Book 1999 Palgrave Macmillan, a division of Macmillan P

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Introduction: What Do Economists Contribute?,ces are made each time an economist acts as an economist. Are economists today, in making their individual choices, led to promote ends of human betterment? Most of the present authors suspect that much choosing by economists is not for the better.

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What Do Economists Know?, were true, important, and not obvious, was no more than the fingers on one hand. I waited to hear what the four or five things were that were true, important, and not obvious, but other guests arrived, the conversation was interrupted, and I was left forever in suspense.

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,‘Realism’ in Policy Espousal,e meaning applies to what they do strictly as ‘scientists,’ the barbs need not go deep. Against such slings and arrows there hangs ready a familiar armor — namely, the prestige of scientific method, made magically tough by having clothed also those heroes of the battle for knowledge, the natural sci

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How To Do Well While Doing Good!,e and is unlikely to have an effect that is undesirable. Nevertheless, I would estimate that the average article in economic journals these days has very little prospect of contributing to the well-being of the world. Most economists know this and worry more about publication and tenure than about t

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What Do Economists Know?,I arrived early at a dinner for him, and before other guests arrived he proclaimed, provocatively, that the number of things that economists knew that were true, important, and not obvious, was no more than the fingers on one hand. I waited to hear what the four or five things were that were true, i

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Economists and the Correction of Error,sively ornate pulpit, grasping the lectern firmly with both hands, with a glint in his eye suggesting an imminent outpouring of fire-and-brimstone rhetoric. On more careful examination of this arresting picture, one observes that the vestments worn by the author are academic rather than ecclesiastic

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On Being an Economist,f this was meant to suggest the magnitude of the task economists have to solve, this heroic resolution cannot be highly enough commended. If it was meant to suggest that the study of economics is a sure path to personal happiness, I am afraid I have no such cheerful message for you. And it may be th

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Book 1999ifically addressed the issue. Several of the more challenging efforts are included here. Do economistshave much influence on government policy, particularly over, say, five or ten years? Is that because they don‘t try hard enough or is it because politicians care more about the next election than ab