First published 2011
This collection brings together more than thirty prominent economists to address today's most urgent economic challenges. Nobel Prize winners, former presidential advisers, respected columnists, academics, and practitioners from different political perspectives contribute their expertise. Joseph Stiglitz examines the Iraq War's economic burden. Kenneth Arrow, Thomas Schelling, and Stiglitz offer guidance on climate change economics. Paul Krugman explains Social Security's complexities. Bradford DeLong explores different perspectives on potential dollar crises. Diana Farrell reassesses how U.S. offshoring affects the economy. Michael Boskin separates valid points from misconceptions in federal deficit debates. Ronald McKinnon analyzes America's industrial decline. Other contributors evaluate welfare reform's success, examine global warming's economic impact, and discuss New Orleans reconstruction. They propose auto insurance changes that could help the environment, warn about housing bubble risks, and critique the management of Freddie Mac and Fannie Mae. The book combines empirical evidence with economic theory to demonstrate how economists' analytical methods illuminate contemporary issues.
Genres: politics, economics, non-fiction, academic
Vibes: thought-provoking
Tropes: academic
328 pages · Paperback · Columbia University Press