From Poverty to Prosperity: Intangible Assets, Hidden Liabilities and The Lasting Triumph over Scarcity
linked to by 2 published by Encounter Books on Sat 1st Aug 09
ISBN 1594032505
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.
Posts discussing this item
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From Poverty to Prosperity Watch, by Arnold Kling
posted to EconLog on Wed 15th Jul 09
I should hold off on plugging the book until it's closer to publication date, but reading it over gets me really excited. We include interviews with a number of famous economists, and there are little nuggets of insight buried in them. Paul Romer and Joel Mokyr
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From Poverty to Prosperity Watch, by Arnold Kling
posted to EconLog on Wed 15th Jul 09
Alex Tabarrok looks at a study showing the increasing churn in the U.S. economy. The topple rate is a measure of how the rank of large firms on return of assets changes over time. The topple rate has increased by about 60% over the past forty years (ignoring
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What I've been reading
posted to Marginal Revolution on Sun 21st Jun 09
1. Addiction: A Disorder of Choice, by Gene Heyman. This book overstates its claims, but if you wish to see a non-economist defending a (broadly) Beckerian model of addiction, here you go. I couldn't put it down!2. Jodi Picoult, Handle with Care.
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