| Excerpts from book reviews of
What Do Economists Contribute?
A Student's
Guide to Economics: " [A] collection of nine essays by
distinguished economists, prefaced by [an] illuminating introductory essay.
Anyone who is considering the possibility of specializing in economics ought
to read this small but richly rewarding book, in which thoughtful economists
reflect on what the profession does and what it ought to be doing."
— Paul Heyne, University of Washington
Reviewer’s Bookwatch (March
2000): "[The book contains] outstanding essays from nine great economists of this century
. . . the result is a lively, informative, engaging discourse . . . [The
book] is highly recommended reading for lay readers as well as students
of economics, and has a great deal of substantive value for even
experienced, practicing economists."
Ideas on Liberty
(July 2000): "In What Do Economists Contribute? [the writers] try to explain just how economists contribute
to the betterment of mankind. Although the title implies that the book
is directed to students and intelligent laymen who would otherwise not
know the answer, the book is aimed just as much at professional
economists themselves. All three groups, especially undergraduates
contemplating graduate study in economics, will be fascinated and
perhaps troubled by what they read."
— Philip R. Murray, Webber College
Review of Austrian Economics (2000) "The
collection is extremely valuable in its own right and [the] introduction helps
motivate [the] choice of readings and instill a sense of thematic purpose."
— Robert F. Mulligan, Western Carolina University
Le
Figaro (19 January 2001): "Les textes
colligés par Klein formulent donc trois grandes critiques à l'endroit
des économistes orthodoxes : science trop formalisée, leçons
élémentaires oubliées, et participation insuffisante aux débats
publics. À notre avis, ces critiques doivent être nuancées, un peu
comme le fait implicitement Hayek. Il n'est pas certain que la
formalisation soit la source de tous les maux comme le démontre, par
exemple, l'œuvre d'un Gary Becker. Si la participation de l'économiste
aux débats publics est difficile à condamner, elle peut par contre jouer
sur plusieurs modes différents et sur des horizons plus ou moins longs.
Ces réserves étant faites, le livre de Daniel Klein fournit un outil
remarquable pour réfléchir à la nature de l'économie et au rôle de
l'économiste."
— Pierre Lemieux, University of Quebec
Barron's (9 July
2001): "[A] sparkling collection . . . Ronald H. Coase's
essay — which ironically quotes Stigler against himself — is alone
worth the price of admission. Also try the unforgettable contribution by
Austrian economist Israel M. Kirzner, "Economists and the Correction
of Error," which provides a useful corrective to Stigler's
excessively cynical worldview."
— Gene Epstein
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