{"product_id":"the-state-of-economics-the-state-of-the-world-paperback","title":"The State of Economics, the State of the World - Paperback","description":"\u003cp\u003eby \u003cb\u003eKaushik Basu\u003c\/b\u003e (Editor), \u003cb\u003eDavid Rosenblatt\u003c\/b\u003e (Editor), \u003cb\u003eClaudia Sepulveda\u003c\/b\u003e (Editor)\u003c\/p\u003e\u003cp\u003e\u003cb\u003eLeading economists address the ongoing challenges to economics in theory and practice in a time of political and economic crises.\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eMore than a decade of financial crises, sovereign debt problems, political conflict, and rising xenophobia and protectionism has left the global economy unsettled and the ability of economics as a discipline to account for episodes of volatility uncertain. In this book, leading economists consider the state of their discipline in a world of ongoing economic and political crises. \u003cp\u003e\u003c\/p\u003eThe book begins with three sweeping essays by Nobel laureates Kenneth Arrow (in one of his last published works), Amartya Sen, and Joseph Stiglitz that offer a summary of the theoretical foundations of modern economics--the twin pillars of general equilibrium theory and welfare economics. Contributors then turn to macroeconomic stabilization and growth and, finally, new areas of research that depart from traditional theory, methodology, and concerns: climate change, behavioral economics, and evolutionary game theory. The 2019 Nobel Prize laureates, Abhijit Banerjee, Esther Duflo, and Michael Kremer, contribute a paper on the use of randomized control trials indevelopment economics.\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003eKaushik Basu is C. Marks Professor of International Studies at Cornell University and former Senior Vice President and Chief Economist at the World Bank. He is the author of \u003ci\u003eAn Economist in the Real World \u003c\/i\u003e(MIT Press). \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003eDavid Rosenblatt is Regional Economic Adviser, Caribbean Country Department, Inter-American Development Bank. \u003cp\u003e\u003c\/p\u003eClaudia Sep?lveda is Lead Economist in the Development Economics Vice Presidency at the World Bank.\u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 552\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.23 x 9 x 6 IN\u003c\/div\u003e\u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e February 04, 2025\u003c\/div\u003e","brand":"Books by splitShops","offers":[{"title":"Default Title","offer_id":51773134307616,"sku":"9780262554077","price":72.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0974\/9764\/5344\/files\/efb40f780d390f40ca56c3ca9a7deeb0.webp?v=1780420384","url":"https:\/\/ebocreations.com\/products\/the-state-of-economics-the-state-of-the-world-paperback","provider":"The E-Book Oasis LLC","version":"1.0","type":"link"}