The Changing Face of Economics: Conversations with Cutting Edge Economists - Softcover

Colander, David; Holt, Richard P. F.; Rosser, J. Barkley

9780472068777: The Changing Face of Economics: Conversations with Cutting Edge Economists

Softcover

ISBN 10: 0472068776 ISBN 13: 9780472068777

Publisher: University of Michigan Press, 2004

The Changing Face of Economics gives the reader a sense of the modern economics profession and how it is changing. The volume does so with a set of nine interviews with cutting edge economists, followed by interviews with two Nobel Prize winners, Paul Samuelson and Kenneth Arrow, reflecting on the changes that are occurring. What results is a clear picture of today's economics--and it is no longer standard neoclassical economics.

The interviews and commentary together demonstrate that economics is currently undergoing a fundamental shift in method and is moving away from traditional neoclassical economics into a dynamic set of new methods and approaches. These new approaches include work in behavioral economics, experimental economics, evolutionary game theory and ecological approaches, complexity and nonlinear dynamics, methodological analysis, and agent-based modeling.

David E. Colander is Professor of Economics, Middlebury College.

J. Barkley Rosser, Jr., is Professor of Economics and Kirby L. Kramer Jr. Professor of Business Administration, James Madison University.

Richard P. F. Holt is Professor of Churchill Honors and Economics, Southern Oregon University.

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Review:

"These interviews offer insight into how mainstream economics has been infuenced by those working at the edge---a must-read for understanding the evolution of recent economics."
--Vernon L. Smith, George Mason University

"A unique series of interviews with professionally recognized economists engaged in attempts to rechannel the mainstream of economic thinking. It will be an invaluable accompaniment to any history of economic thought."
--Melvin Reder

"Lively conversations with some of economics' most original thinkers."
--David Warsh

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