Economic ideas you should forget
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Economic ideas you should forget
Bruno s. FreyDavid Iselin — EditorsEconomicIdeasYou ShouldForgetEditorsBruno s. Frey and David IselinEconomic Ideas You Should Forget0 SpringerEditors Economic ideas you should forgetsBruno S. FreyUniversity of Basel CREMA, Zurich, SwitzerlandDavid IselinKOF Swiss Economic Institute, F.TH Zurich. Zurich. SwitzerlandISBN 978-3-319-47457-1 e-ISBN 978-3-319-47458-8DOI 10.1007/978-3-319-47458-8Library of Congress Control Number: 2017930404© Springer International Publishing AG 2017T Economic ideas you should forgethis work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rEconomic ideas you should forget
ights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transBruno s. FreyDavid Iselin — EditorsEconomicIdeasYou ShouldForgetEditorsBruno s. Frey and David IselinEconomic Ideas You Should Forget0 SpringerEditors Economic ideas you should forget developed.The use of general descriptive names, registered names, trademarks, service marks, etc. in tills publication docs not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use.rhe pub Economic ideas you should forgetlisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date oEconomic ideas you should forget
f publication. Neither the publisher nor the authors or tlK editors give a warrant}’, express or implied, with respect to the material contained hereiBruno s. FreyDavid Iselin — EditorsEconomicIdeasYou ShouldForgetEditorsBruno s. Frey and David IselinEconomic Ideas You Should Forget0 SpringerEditors Economic ideas you should forgetstitutional affiliations.Printed on acid-free paperThis Springer imprint is published by Springer NatureThe registered company is Springer International Publishing AGThe registered company address is: Gew erbestrasse 11, 6330 Cham, SwitzerlandIntroductionIdeas are the drivers behind innovation, may Economic ideas you should forgetthey be political, economic, in the arts or in science. “Nothing is as powertill as an idea whose time has come" is a popular quote attributed to VictEconomic ideas you should forget
or Hugo. But what about ideas whose time has already passed? Ideas that might have had value at a certain point in time but are still sticking around Bruno s. FreyDavid Iselin — EditorsEconomicIdeasYou ShouldForgetEditorsBruno s. Frey and David IselinEconomic Ideas You Should Forget0 SpringerEditors Economic ideas you should forgethas a sound base of theory supported by empirical research that is taught the same way all over die world. Yet, according to Popper, we gain scientific progress only by rejecting specific hypotheses within the theoretical framework. Economics is a vigorous and progressive science, which does not los Economic ideas you should forgete its force when particular parts of its theory are empirically rejected. Rather, they contribute to the accumulation of knowledge.We bury ideas fromEconomic ideas you should forget
the “Coase Theorem" to “Say's Law” to “Bayesianism”. We let established scientists and lesser known younger colleagues speak. We give voice not only tBruno s. FreyDavid Iselin — EditorsEconomicIdeasYou ShouldForgetEditorsBruno s. Frey and David IselinEconomic Ideas You Should Forget0 SpringerEditors Economic ideas you should forgettive effects of an abundance of choice; we bid farewell to the idea that economic growth increases people's well-being. We doubt that CEOs are paid so well merely because of their talent and question the usefulness of home ownership. Doubting assumptions and ideas is at the core of economies.The ess Economic ideas you should forgetays do not idolize models or references and base their content on one single idea that should be forgotten. They reflect entirely personal views; theEconomic ideas you should forget
book therefore only contains contributions by single authors. This makes the content parsimonious and distinctive.As editors, we deliberately allow foBruno s. FreyDavid Iselin — EditorsEconomicIdeasYou ShouldForgetEditorsBruno s. Frey and David IselinEconomic Ideas You Should Forget0 SpringerEditors Economic ideas you should forget also does not come as a surprise that some economists would like to bury the same idea. The nuances in their respective argumentations are therefore especially attractive.This book, although more a funeral than a birthday party, is not only about the past. Economics can be a joyful science. Burying Economic ideas you should forget old ideas lays the foundation for new ones. We are aware of the contradiction of writing down tilings that should be forgotten, yet the ideas we labeEconomic ideas you should forget
l “forgettable” are only preliminary and the label applies only under the existing institutional, social, and historical conditions. They may re-emergBruno s. FreyDavid Iselin — EditorsEconomicIdeasYou ShouldForgetEditorsBruno s. Frey and David IselinEconomic Ideas You Should Forget0 SpringerEditorsBruno s. FreyDavid Iselin — EditorsEconomicIdeasYou ShouldForgetEditorsBruno s. Frey and David IselinEconomic Ideas You Should Forget0 SpringerEditorsGọi ngay
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