From Poverty to Prosperity: Intangible Assets, Hidden Liabilities and The Lasting Triumph over Scarcity

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Overview

Economics is not what it used to be. For years, conventional economists told us an incomplete story, one leaning on the comfortable precision of mathematical abstraction and ignoring the messy complexity of the real world, with all of its uncertainties, unknowns, and ongoing evolution. Economics 2.0 tells a big picture story about huge differences in the standard of living across time and across borders.

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Overview

Economics is not what it used to be. For years, conventional economists told us an incomplete story, one leaning on the comfortable precision of mathematical abstraction and ignoring the messy complexity of the real world, with all of its uncertainties, unknowns, and ongoing evolution. Economics 2.0 tells a big picture story about huge differences in the standard of living across time and across borders.

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Product Details

  • ISBN-13: 9781594032509
  • Publisher: Encounter Books
  • Publication date: 12/8/2009
  • Pages: 317
  • Sales rank: 1,341,319
  • Product dimensions: 5.90 (w) x 9.10 (h) x 1.20 (d)

Meet the Author

ARNOLD KLING was an economist on the staff of the Board of Governors of the Federal Reserve System from 1980-1986 and served as a senior economist at Freddie Mac from 1986-1994. Kling is the author of several books, most recently Crisis of Abundance: Rethinking How We Pay for Health Care. He lives in Maryland.

NICK SCHULZ is DeWitt Wallace Fellow at the American Enterprise Institute and Editor of American.com. He is a columnist for The Mint newspaper in Mumbai, India. His writings have appeared in the Wall Street Journal, the Los Angeles Times, the Washington Post, Slate, Forbes.com, among others. He lives with his wife and children in Maryland.

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Table of Contents

Acknowledgments Chapter 1: An Introduction to Economics 2.0
Chapter 2: Economics 2.0 in Practice Interview with Robert Fogel Interview with Robert Solow Chapter 3: From the Meadow to the Food Court Interview with Paul Romer Interview with Joel Mokyr Chapter 4: Bugs in the Software Layer Interview with Douglass North Interview with William Easterly Chapter 5: The Heart That Pumps Innovation Interview with Edmund Phelps Interview with Amar Bhide Chapter 6: Financial Intermediation Chapter 7: Adaptive Efficiency and the Role of Government Interview with William Lewis Chapter 8: Challenges for the Future Interview with William Baumol Notes Index

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