How Long to Read Economics Rules: The Rights and Wrongs of the Dismal Science

How Long Does it Take to Read Economics Rules: The Rights and Wrongs of the Dismal Science?

It takes the average reader 4 hours and 34 minutes to read Economics Rules: The Rights and Wrongs of the Dismal Science by Dani Rodrik

Assuming a reading speed of 250 words per minute. Learn more

Description

“A hugely valuable contribution. . . . In setting out a defence of the best in economics, Rodrik has also provided a goal for the discipline as a whole.” —Martin Sandbu, Financial Times In the wake of the financial crisis and the Great Recession, economics seems anything but a science. In this sharp, masterfully argued book, Dani Rodrik, a leading critic from within, takes a close look at economics to examine when it falls short and when it works, to give a surprisingly upbeat account of the discipline. Drawing on the history of the field and his deep experience as a practitioner, Rodrik argues that economics can be a powerful tool that improves the world—but only when economists abandon universal theories and focus on getting the context right. Economics Rules argues that the discipline's much-derided mathematical models are its true strength. Models are the tools that make economics a science. Too often, however, economists mistake a model for the model that applies everywhere and at all times. In six chapters that trace his discipline from Adam Smith to present-day work on globalization, Rodrik shows how diverse situations call for different models. Each model tells a partial story about how the world works. These stories offer wide-ranging, and sometimes contradictory, lessons—just as children’s fables offer diverse morals. Whether the question concerns the rise of global inequality, the consequences of free trade, or the value of deficit spending, Rodrik explains how using the right models can deliver valuable new insights about social reality and public policy. Beyond the science, economics requires the craft to apply suitable models to the context. The 2008 collapse of Lehman Brothers challenged many economists' deepest assumptions about free markets. Rodrik reveals that economists' model toolkit is much richer than these free-market models. With pragmatic model selection, economists can develop successful antipoverty programs in Mexico, growth strategies in Africa, and intelligent remedies for domestic inequality. At once a forceful critique and defense of the discipline, Economics Rules charts a path toward a more humble but more effective science.

How long is Economics Rules: The Rights and Wrongs of the Dismal Science?

Economics Rules: The Rights and Wrongs of the Dismal Science by Dani Rodrik is 272 pages long, and a total of 68,544 words.

This makes it 92% the length of the average book. It also has 84% more words than the average book.

How Long Does it Take to Read Economics Rules: The Rights and Wrongs of the Dismal Science Aloud?

The average oral reading speed is 183 words per minute. This means it takes 6 hours and 14 minutes to read Economics Rules: The Rights and Wrongs of the Dismal Science aloud.

What Reading Level is Economics Rules: The Rights and Wrongs of the Dismal Science?

Economics Rules: The Rights and Wrongs of the Dismal Science is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Economics Rules: The Rights and Wrongs of the Dismal Science?

Economics Rules: The Rights and Wrongs of the Dismal Science by Dani Rodrik is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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