Peter Boettke, Ph.D.
Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics
Mercatus Center, George Mason University and
Research Fellow, The Independent Institute
*This event is co-sponsored by The Independent Institute (www.independent.org)
"Living Economics: Yesterday, Today, and Tomorrow"
Economics suffers from a bad reputation as a “dismal science” plagued with lifeless graphs and dry statistics. In reality, this accusation has less to do with substance than with style; the subject itself is lively and vital. Economics provides a powerful framework for understanding what goes on in the marketplace, the voting booth, the family, the community, and every other sphere of social activity; indeed, the application (or misapplication) of its principles shapes the fate of nations. The greatest teachers of economics, from before Adam Smith on down to the present, have always impressed upon the public their discipline’s explanatory powers and importance for human well-being.
In Living Economics: Yesterday, Today, and Tomorrow, Peter J. Boettke contributes to this tradition by discussing the ideas of some of the most important economists of the past centuryundefinedfamous and not so famous “worldly philosophers” whose innovative theories shed light on pressing issues such as inflation and unemployment, capitalism and socialism, competition and entrepreneurship, law and politics, and customs and civil society. He also explains how the conduct of economists, both in classrooms and in scholarly journals written for their peers, enhances or diminishes the influence of economic thinking on the world of practical affairs.
Boettke’s thorough diagnosis of the maladies of today’s economics profession is especially valuable. He concludes by urging his colleagues to return to their discipline’s original mission: to make sense of human action and communicate the findings to a public sorely in need of cogent counsel. Scholarly and yet highly accessible, Living Economics enables readers to see far across the human landscape by standing on the shoulders of giants in the economics profession, as Boettke and his occasional chapter co-authorsundefinedChristopher Coyne, Steve Horwitz, Peter Leeson, David L. Prychitko, and Frederic Sautetundefinedeagerly acknowledge. Its sparkling insights make it worthwhile reading for economics teachers, students, and anyone interested in exploring the frontiers of the economic way of thinking and their potential impact on the world.
Peter Boettke is a University Professor of Economics and Philosophy at George Mason University, Research Fellow at the Independent Institute, and the Director of the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at GMU.
“Living Economics” http://www.independent.org/publications/books/summary.asp?id=98
****This book will be on sale at the event****
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