Essays on Economics and Economists
This is a series of 15 essays written by the 1991 Nobel laureate in economics. Unlike most such collections, the essays are not primarily about Coase's work. The first half of the book contains essays on methodology: what economists do and how they do it. Coase's explanations are thought-provoking. As Coase demonstrates, economics in its theoretical and empirical work is more normative than most economists would prefer to believe. Simple principles are often ignored, replaced by complex ones beyond the ken of economics. The remaining essays are biographical sketches that focus primarily on famous English economists such as Adam Smith and Alfred Marshall. These essays provide insight into the roots of modern economics. Recommended for large university libraries as an accessible collection by a renowned economist.- Richard C. Schiming, Mankato State Univ., Minn.Copyright 1993 Reed Business Information, Inc.--This text refers to an out of print or unavailable edition of this title.