Knowledge and the Wealth of Nations A Story of Economic Discovery

Name: Knowledge and the Wealth of Nations A Story of Economic Discovery
Price: 4.68 USD
Availability: InStock
ISBN: 9780393329889

ISBN-10: 0393329887

ISBN-13: 9780393329889

Edition: 2007

Authors: David Warsh

List price: $27.95

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"What "The Double Helix" did for biology, David Warsh's "Knowledge and the Wealth of Nations" does for economics."--"Boston Globe" A stimulating and inviting tour of modern economics centered on the story of one of its most important breakthroughs. In 1980, the twenty-four-year-old graduate student Paul Romer tackled one of the oldest puzzles in economics. Eight years later he solved it. This book tells the story of what has come to be called the new growth theory: the paradox identified by Adam Smith more than two hundred years earlier, its disappearance and occasional resurfacing in the nineteenth century, the development of new technical tools in the twentieth century, and finally the…

Book details

List price: $27.95
Copyright year: 2007
Publisher: W. W. Norton & Company, Incorporated
Publication date: 5/17/2007
Binding: Paperback
Pages: 460
Size: 0.54" wide x 0.83" long x 0.11" tall
Weight: 0.880
Language: English

Former Boston Globe columnist David Warsh writes the online newsletter Economic Principals. He lives in Somerville, Massachusetts.



Preface


Introduction






The Discipline



"It Tells You Where to Carve the Joints"



What Is a Model? How Does It Work?



The Invisible Hand and the Pin Factory



How the Dismal Science Got Its Name



The Underground River



Spillovers and Other Accommodations



The Keynesian Revolution and the Modern Movement



"Mathematics Is a Language"



When Economics Went High-Tech



The Residual and Its Critics



The Infinite-Dimensional Spreadsheet



Economists Turn to Rocket Science, and "Model" Becomes a Verb






New Departures



"That's Stupid!"



In Hyde Park



The U-Turn



The Keyboard, the City, and the World



Recombinations



Crazy Explanations



At the Ski Lift



"Endogenous Technological Change"



Conjectures and Refutations



A Short History of the Cost of Lighting



The Ultimate Pin Factory



The Invisible Revolution



Teaching Economics


Conclusion


Acknowledgments


Index