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Hubris: Why Economists Failed to Predict the Crisis and How to Avoid the Next One
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Bibliographic Detail
Publisher Yale Univ Pr
Publication date June 14, 2016
Pages 304
Binding Paperback
Book category Adult Non-Fiction
ISBN-13 9780300219494
ISBN-10 0300219490
Dimensions 0 by 5.50 by 8.50 in.
Original list price $18.00
Other format details university press
Summaries and Reviews
Amazon.com description: Product Description:
A frank assessment of economists’ blindness before the financial crash in 2007–2008 and what must be done to avert a sequel

The failure of economists to anticipate the global financial crisis and mitigate the impact of the ensuing recession has spurred a public outcry. Economists are under fire, but questions concerning exactly how to redeem the discipline remain unanswered. In this provocative book, renowned economist Meghnad Desai investigates the evolution of economics and maps its trajectory against the occurrence of major political events to provide a definitive answer.
 
Desai underscores the contribution of hubris to economists’ calamitous lack of foresight, and he makes a persuasive case for the profession to re-engage with the history of economic thought. He dismisses the notion that one over-arching paradigm can resolve all economic eventualities while urging that an array of already-available theories and approaches be considered anew for the insights they may provide toward preventing future economic catastrophes. With an accessible style and keen common sense, Desai offers a fresh perspective on some of the most important economic issues of our time.


Editions
Hardcover
Book cover for 9780300213546
 
1 edition from Yale Univ Pr (May 26, 2015)
9780300213546 | details & prices | 287 pages | 5.75 × 8.75 × 0.75 in. | 1.08 lbs | List price $28.00
About: A frank assessment of economists’ blindness before the financial crash in 2007–2008 and what must be done to avert a sequel The failure of economists to anticipate the global financial crisis and mitigate the impact of the ensuing recession has spurred a public outcry.
Paperback
Book cover for 9780300219494
 
The price comparison is for this edition
from Yale Univ Pr (June 14, 2016)
9780300219494 | details & prices | 304 pages | List price $18.00
About: A frank assessment of economists’ blindness before the financial crash in 2007–2008 and what must be done to avert a sequel The failure of economists to anticipate the global financial crisis and mitigate the impact of the ensuing recession has spurred a public outcry.
With Kathleen Wheaton (other contributor) | 3rd edition from Apa Productions (July 1, 1996); titled "Insight Guides Buenos Aires"
9780395809693 | details & prices | 6.00 × 9.25 × 0.75 in. | 1.15 lbs | List price $21.95
This edition also contains Insight Guides: Buenos Aires

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