Development, Geography and Economic Theory (Ohlin Lectures) Book + PRICE WATCH * Amazon pricing is not included in price watch

Development, Geography and Economic Theory (Ohlin Lectures) Book

Why do certain ideas gain currency in economics while others fall by the wayside? Paul Krugman argues that the unwillingness of mainstream economists to think about what they could not formalize led them to ignore ideas that turn out, in retrospect, to have been very good ones.Krugman examines the course of economic geography and development theory to shed light on the nature of economic inquiry. He traces how development theory lost its huge initial influence and virtually disappeared from economic discourse after it became clear that many of the theory's main insights could not be clearly modeled. Economic geography seems to have fared even worse, as economists shied away from grappling with questions about space -- such as the size, location, or even existence of cities -- because the "terrain was seen as unsuitable for the tools at hand."Krugman's book, however, is not a call to abandon economic modeling. He concludes with a reminder of why insisting on the use of models may be right, even when these sometimes lead economists to overlook good ideas. He also recaps the discussion of development and economic geography with a commentary on recent developments in those fields and areas where further inquiry looks most promising.The Ohlin LecturesRead More

from£17.65 | RRP: £14.95
* Excludes Voucher Code Discount Also available Used from £5.49
  • Product Description

    "This is a book that should be read by all economists." -- Roger E. Backhouse, The Economic Journal

    "A stimulating essay by one of the world's most thoughtful and innovative economists." -- Paul Ormerod, The Times Higher Education Supplement

    Why do certain ideas gain currency in economics while others fall by the wayside? Paul Krugman argues that the unwillingness of mainstream economists to think about what they could not formalize led them to ignore ideas that turn out, in retrospect, to have been very good ones.

    Krugman examines the course of economic geography and development theory to shed light on the nature of economic inquiry. He traces how development theory lost its initial influence after it became clear that many of the theory's main insights could not be clearly modeled, and concludes with a commentary on areas where further inquiry looks most promising.

    The Ohlin Lectures

  • 026261135X
  • 9780262611350
  • P Krugman
  • 30 September 1997
  • MIT Press
  • Paperback (Book)
  • 128
  • New edition
As an Amazon Associate we earn from qualifying purchases. If you click through any of the links below and make a purchase we may earn a small commission (at no extra cost to you). Click here to learn more.

Would you like your name to appear with the review?

We will post your book review within a day or so as long as it meets our guidelines and terms and conditions. All reviews submitted become the licensed property of www.find-book.co.uk as written in our terms and conditions. None of your personal details will be passed on to any other third party.

All form fields are required.