Explorations in Pragmatic Economics

George A. Akerlof

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For twenty years since the publication of his seminal paper "The Market for 'Lemons'", George A. Akerlof's work has changed the way we see economics. This collection of Akerlof's most important papers provide both an introduction to Akerlof's work and a grounding in modern economics. Divided into two broad areas, micro- and macroeconomics, they cover the economics of information; the theory of unemployment; macroeconomic equilibria; the demand for money; psychology and economics; and the nature of discrimination and other social issues. Akerlof's substantial introduction to this volume tells the story of these papers, connecting them and showing how his later work has built upon his early contributions, in many cases improving their arguments, their subtlety, and their usefulness today.

Book Details

Publisher: OUP Oxford
Publish Date: Jun 2nd, 2005
Pages: 528
Language: English
Edition: undefined - undefined
Dimensions: 9.22in - 6.26in - 1.16in - 1.75lb
EAN: 9780199253913
Categories: • Economics - Comparative

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About the Author

George A. Akerlof is Koshland Professor of Economics at the University of California, Berkeley, and the 2001 Nobel Laureate in Economics.

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Praise for this book

"Explorations in Pragmatic Economics provides that long awaited compilation of favorite hits by Akerlof and his coauthors....The book compiles some of the most innovative articles written in the past few decades. It is a must read (or at least, a must skim) for any economist, be it a micro, macro, behavioral, or misbehavioral one."--ournal of Economic Literature