001481711 000__ 04990nam\a22009375i\4500 001481711 001__ 1481711 001481711 003__ DE-B1597 001481711 005__ 20231108092934.0 001481711 006__ m\\\\\o\\d\\\\\\\\ 001481711 007__ cr\un\nnnunnun 001481711 008__ 231108t20122012mau\\\\\o\\d\z\\\\\\eng\d 001481711 019__ $$a(OCoLC)816331434 001481711 020__ $$a9780674065529 001481711 0247_ $$a10.4159/harvard.9780674065529$$2doi 001481711 035__ $$a(DE-B1597)178217 001481711 035__ $$a(OCoLC)794004265 001481711 040__ $$aDE-B1597$$beng$$cDE-B1597$$erda 001481711 0410_ $$aeng 001481711 044__ $$amau$$cUS-MA 001481711 050_4 $$aHB171$$b.S376 2012 001481711 072_7 $$aBUS069030$$2bisacsh 001481711 1001_ $$aSchlefer, Jonathan,$$eauthor.$$4aut$$4http://id.loc.gov/vocabulary/relators/aut 001481711 24514 $$aThe Assumptions Economists Make /$$cJonathan Schlefer. 001481711 264_1 $$aCambridge, MA :$$bHarvard University Press,$$c[2012] 001481711 264_4 $$c©2012 001481711 300__ $$a1 online resource (384 p.) 001481711 336__ $$atext$$btxt$$2rdacontent 001481711 337__ $$acomputer$$bc$$2rdamedia 001481711 338__ $$aonline resource$$bcr$$2rdacarrier 001481711 347__ $$atext file$$bPDF$$2rda 001481711 50500 $$tFrontmatter --$$tContents --$$tA Personal Note --$$tOne. The Metaphor of the Invisible Hand --$$tTwo. What Do Economists Do? --$$tThree. In Search of a Model --$$tFour. Economics When Society Matters --$$tFive. Chasing a Chimera --$$tSix. Utopia --$$tSeven. This Imperfect World --$$tEight. Entering the Realm of Production --$$tNine. What Caused Income Inequality? --$$tTen. Understanding an Uncertain World --$$tEleven. In the Long Run --$$tTwelve. In the Short Run --$$tThirteen. The Puzzle of the Golden Age of Capitalism --$$tFourteen. Economies in Crisis --$$tFifteen. Thinking about Economies --$$tNotes --$$tReferences --$$tIndex 001481711 506__ $$aAccess limited to authorized users. 001481711 520__ $$aEconomists make confident assertions in op-ed columns and on cable news-so why are their explanations often at odds with equally confident assertions from other economists? And why are all economic predictions so rarely borne out? Harnessing his frustration with these contradictions, Jonathan Schlefer set out to investigate how economists arrive at their opinions. While economists cloak their views in the aura of science, what they actually do is make assumptions about the world, use those assumptions to build imaginary economies (known as models), and from those models generate conclusions. Their models can be useful or dangerous, and it is surprisingly difficult to tell which is which. Schlefer arms us with an understanding of rival assumptions and models reaching back to Adam Smith and forward to cutting-edge theorists today. Although abstract, mathematical thinking characterizes economists' work, Schlefer reminds us that economists are unavoidably human. They fall prey to fads and enthusiasms and subscribe to ideologies that shape their assumptions, sometimes in problematic ways.Schlefer takes up current controversies such as income inequality and the financial crisis, for which he holds economists in large part accountable. Although theorists won international acclaim for creating models that demonstrated the inherent instability of markets, ostensibly practical economists ignored those accepted theories and instead relied on their blind faith in the invisible hand of unregulated enterprise. Schlefer explains how the politics of economics allowed them to do so. The Assumptions Economists Make renders the behavior of economists much more comprehensible, if not less irrational. 001481711 538__ $$aMode of access: Internet via World Wide Web. 001481711 546__ $$aIn English. 001481711 5880_ $$aDescription based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2021) 001481711 650_0 $$aEconomics. 001481711 650_0 $$aEconomists. 001481711 650_7 $$aBUSINESS & ECONOMICS / Economics / Theory.$$2bisacsh 001481711 655_0 $$aElectronic books 001481711 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tE-BOOK GESAMTPAKET / COMPLETE PACKAGE 2012$$z9783110288995$$oZDB-23-DGG 001481711 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tE-BOOK PACKAGE LAW 2012$$z9783110293814 001481711 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tE-BOOK PAKET RECHTSWISSENSCHAFTEN 2012$$z9783110288919$$oZDB-23-DGC 001481711 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tHUP eBook-Package Backlist 2000-2013 (Canada)$$z9783110756067 001481711 77308 $$iTitle is part of eBook package:$$dDe Gruyter$$tHarvard University Press eBook Package Backlist 2000-2013$$z9783110442205 001481711 852__ $$bebk 001481711 85640 $$3De Gruyter$$uhttps://univsouthin.idm.oclc.org/login?url=https://www.degruyter.com/isbn/9780674065529$$zOnline Access 001481711 909CO $$ooai:library.usi.edu:459681$$pGLOBAL_SET 001481711 912__ $$a978-3-11-029381-4 E-BOOK PACKAGE LAW 2012$$b2012 001481711 912__ $$a978-3-11-044220-5 Harvard University Press eBook Package Backlist 2000-2013$$c2000$$d2013 001481711 912__ $$a978-3-11-075606-7 HUP eBook-Package Backlist 2000-2013 (Canada)$$b2013 001481711 912__ $$aEBA_BACKALL 001481711 912__ $$aEBA_CL_LAEC 001481711 912__ $$aEBA_EBACKALL 001481711 912__ $$aEBA_EBKALL 001481711 912__ $$aEBA_ECL_LAEC 001481711 912__ $$aEBA_EEBKALL 001481711 912__ $$aEBA_ESSHALL 001481711 912__ $$aEBA_ESTMALL 001481711 912__ $$aEBA_PPALL 001481711 912__ $$aEBA_SSHALL 001481711 912__ $$aEBA_STMALL 001481711 912__ $$aGBV-deGruyter-alles 001481711 912__ $$aPDA11SSHE 001481711 912__ $$aPDA12STME 001481711 912__ $$aPDA13ENGE 001481711 912__ $$aPDA17SSHEE 001481711 912__ $$aPDA18STMEE 001481711 912__ $$aPDA5EBK 001481711 912__ $$aZDB-23-DGC$$b2012 001481711 912__ $$aZDB-23-DGG$$b2012 001481711 980__ $$aBIB 001481711 980__ $$aEBOOK 001481711 982__ $$aEbook 001481711 983__ $$aOnline