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Ajouter au panierHardcover. Etat : new. Hardcover. Why economic theory-with no track-record of predictive success-is still an indispensable tool for protecting civilized life.Why economic theory-with no track-record of predictive success-is still an indispensable tool for protecting civilized life.Economic theory has never gotten any better at prediction. Its explanations are always after the fact. The mathematical models economists have devoted themselves to for more than a century can't be improved to enhance their empirical relevance. But from this research program that never paid off, a very useful tool has emerged-game theory. It's just what civilized society needs to protect itself from the rapaciousness that condemns all markets to fail. In Blunt Instrument, Alex Rosenberg helps explain to outsiders exactly what they need to make sense of economic theory, and why despite its failures, it's still indispensable.Economic theory is something we all should understand because the economy affects us all, and it is economic theorists who shape that economy for good or ill. No less an economist than John Maynard Keynes expressed the point in a memorable quotation- "Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist." This book draws back the curtain from the math and the graphs that deliver microeconomic and macroeconomic models. It demystifies the formidable-looking equations, explaining the reasoning behind the math so that outsiders can decide on the theory's importance to their own thinking about the economy. Finally, it shows how game theory-the study of strategic choice-emerged from the outlandish idealizations of economic theory. Most importantly, it illuminates how game theory both mitigates the failures of real-world economies and improves the design of important human institutions. Why economic theory with no track-record of predictive success is still an indispensable tool for protecting civilized life. Shipping may be from multiple locations in the US or from the UK, depending on stock availability.
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Ajouter au panierHardback. Etat : New. Why economic theory with no track-record of predictive success is still an indispensable tool for protecting civilized life. Economic theory has never gotten any better at prediction. Its explanations are always after the fact. The mathematical models economists have devoted themselves to for more than a century can t be improved to enhance their empirical relevance. But from this research program that never paid off, a very useful tool has emerged game theory. It s just what civilized society needs to protect itself from the rapaciousness that condemns all markets to fail. In Blunt Instrument, Alex Rosenberg helps explain to outsiders exactly what they need to make sense of the economic theory, and why despite its failures, it s still indispensable. Economic theory is something we all should understand because the economy affects us all, and it is economic theorists who shape that economy for good or ill. No less an economist than John Maynard Keynes expressed the point in a memorable quotation: Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. This book draws back the curtain from the math and the graphs that deliver microeconomic and macroeconomic models. It demystifies the formidable looking equations, explaining the reasoning behind the math so that outsiders can decide on the theory s importance to their own thinking about the economy. Finally, it shows how game theory the study of strategic choice emerged from the outlandish idealizations of economic theory. Most importantly, it illuminates how game theory both mitigates the failures of real world economies and improves the design of important human institutions.
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Ajouter au panierHardcover. Etat : new. Hardcover. Why economic theory-with no track-record of predictive success-is still an indispensable tool for protecting civilized life.Why economic theory-with no track-record of predictive success-is still an indispensable tool for protecting civilized life.Economic theory has never gotten any better at prediction. Its explanations are always after the fact. The mathematical models economists have devoted themselves to for more than a century can't be improved to enhance their empirical relevance. But from this research program that never paid off, a very useful tool has emerged-game theory. It's just what civilized society needs to protect itself from the rapaciousness that condemns all markets to fail. In Blunt Instrument, Alex Rosenberg helps explain to outsiders exactly what they need to make sense of economic theory, and why despite its failures, it's still indispensable.Economic theory is something we all should understand because the economy affects us all, and it is economic theorists who shape that economy for good or ill. No less an economist than John Maynard Keynes expressed the point in a memorable quotation- "Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist." This book draws back the curtain from the math and the graphs that deliver microeconomic and macroeconomic models. It demystifies the formidable-looking equations, explaining the reasoning behind the math so that outsiders can decide on the theory's importance to their own thinking about the economy. Finally, it shows how game theory-the study of strategic choice-emerged from the outlandish idealizations of economic theory. Most importantly, it illuminates how game theory both mitigates the failures of real-world economies and improves the design of important human institutions. Why economic theory with no track-record of predictive success is still an indispensable tool for protecting civilized life. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.
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Ajouter au panierHardback. Etat : New. Why economic theory with no track-record of predictive success is still an indispensable tool for protecting civilized life. Economic theory has never gotten any better at prediction. Its explanations are always after the fact. The mathematical models economists have devoted themselves to for more than a century can t be improved to enhance their empirical relevance. But from this research program that never paid off, a very useful tool has emerged game theory. It s just what civilized society needs to protect itself from the rapaciousness that condemns all markets to fail. In Blunt Instrument, Alex Rosenberg helps explain to outsiders exactly what they need to make sense of the economic theory, and why despite its failures, it s still indispensable. Economic theory is something we all should understand because the economy affects us all, and it is economic theorists who shape that economy for good or ill. No less an economist than John Maynard Keynes expressed the point in a memorable quotation: Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. This book draws back the curtain from the math and the graphs that deliver microeconomic and macroeconomic models. It demystifies the formidable looking equations, explaining the reasoning behind the math so that outsiders can decide on the theory s importance to their own thinking about the economy. Finally, it shows how game theory the study of strategic choice emerged from the outlandish idealizations of economic theory. Most importantly, it illuminates how game theory both mitigates the failures of real world economies and improves the design of important human institutions.
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Ajouter au panierHardcover. Etat : new. Hardcover. Why economic theory-with no track-record of predictive success-is still an indispensable tool for protecting civilized life.Why economic theory-with no track-record of predictive success-is still an indispensable tool for protecting civilized life.Economic theory has never gotten any better at prediction. Its explanations are always after the fact. The mathematical models economists have devoted themselves to for more than a century can't be improved to enhance their empirical relevance. But from this research program that never paid off, a very useful tool has emerged-game theory. It's just what civilized society needs to protect itself from the rapaciousness that condemns all markets to fail. In Blunt Instrument, Alex Rosenberg helps explain to outsiders exactly what they need to make sense of economic theory, and why despite its failures, it's still indispensable.Economic theory is something we all should understand because the economy affects us all, and it is economic theorists who shape that economy for good or ill. No less an economist than John Maynard Keynes expressed the point in a memorable quotation- "Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist." This book draws back the curtain from the math and the graphs that deliver microeconomic and macroeconomic models. It demystifies the formidable-looking equations, explaining the reasoning behind the math so that outsiders can decide on the theory's importance to their own thinking about the economy. Finally, it shows how game theory-the study of strategic choice-emerged from the outlandish idealizations of economic theory. Most importantly, it illuminates how game theory both mitigates the failures of real-world economies and improves the design of important human institutions. Why economic theory with no track-record of predictive success is still an indispensable tool for protecting civilized life. Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability.
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Ajouter au panierBuch. Etat : Neu. Neuware - 'A defense of economic theory, in spite of its failure as a predictive science, as a tool of social engineering'--.
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Ajouter au panierHardback. Etat : New. Why economic theory with no track-record of predictive success is still an indispensable tool for protecting civilized life. Economic theory has never gotten any better at prediction. Its explanations are always after the fact. The mathematical models economists have devoted themselves to for more than a century can t be improved to enhance their empirical relevance. But from this research program that never paid off, a very useful tool has emerged game theory. It s just what civilized society needs to protect itself from the rapaciousness that condemns all markets to fail. In Blunt Instrument, Alex Rosenberg helps explain to outsiders exactly what they need to make sense of the economic theory, and why despite its failures, it s still indispensable. Economic theory is something we all should understand because the economy affects us all, and it is economic theorists who shape that economy for good or ill. No less an economist than John Maynard Keynes expressed the point in a memorable quotation: Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. This book draws back the curtain from the math and the graphs that deliver microeconomic and macroeconomic models. It demystifies the formidable looking equations, explaining the reasoning behind the math so that outsiders can decide on the theory s importance to their own thinking about the economy. Finally, it shows how game theory the study of strategic choice emerged from the outlandish idealizations of economic theory. Most importantly, it illuminates how game theory both mitigates the failures of real world economies and improves the design of important human institutions.
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Ajouter au panierBuch. Etat : Neu. Blunt Instrument | Why Economic Theory Can't Get Any Better.Why We Need It Anyway | Alex Rosenberg | Buch | Einband - fest (Hardcover) | Englisch | 2025 | MIT Press | EAN 9780262049658 | Verantwortliche Person für die EU: Libri GmbH, Europaallee 1, 36244 Bad Hersfeld, gpsr[at]libri[dot]de | Anbieter: preigu.
Edité par MIT Press, 2025
ISBN 10 : 0262049651 ISBN 13 : 9780262049658
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Ajouter au panierEtat : New. Alex Rosenberg is R. Taylor Cole Distinguished Professor of Philosophy at Duke University, with secondary appointments in the biology and political science departments. He has held fellowships with the National Science Foundation, the American Council of Le.