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Blunt Instrument

Why Economic Theory Can't Get Any Better...Why We Need It Anyway

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Exploring the role of economic theory, the book argues for its value beyond mere prediction, positioning it as a vital instrument for social engineering. It delves into the intricacies of economic principles and their application in shaping societal outcomes, emphasizing their importance in addressing complex social issues. The author provides insights into the theoretical foundations while critiquing the limitations of economics as a predictive science, advocating for its practical utility in guiding social progress.

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Blunt Instrument, Alexander Rosenberg

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Released
2025
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(Hardcover),
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€10.31

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Title
Blunt Instrument
Subtitle
Why Economic Theory Can't Get Any Better...Why We Need It Anyway
Language
English
Publisher
MIT Press
Released
2025
Format
Hardcover
Pages
248
ISBN13
9780262049658
Series
Rating
4 out of 5
Description
Exploring the role of economic theory, the book argues for its value beyond mere prediction, positioning it as a vital instrument for social engineering. It delves into the intricacies of economic principles and their application in shaping societal outcomes, emphasizing their importance in addressing complex social issues. The author provides insights into the theoretical foundations while critiquing the limitations of economics as a predictive science, advocating for its practical utility in guiding social progress.