21st Century Economics: Economic Ideas You Should Read and Remember, 1st Edition

  • Bruno S. Frey
  • Christoph A. Schaltegger
  • Published By:
  • ISBN-10: 3030177408
  • ISBN-13: 9783030177409
  • DDC: 330
  • 168 Pages | eBook
  • Original Copyright 2019 | Published/Released February 2021
  • This publication's content originally published in print form: 2019

  • Price:  Sign in for price



Economics is a science that can contribute substantial powerful and fresh insights! This book collects essays by leading academics that evaluate the scholarly importance of contemporary economic ideas and concepts, thus providing valuable knowledge about the present state of economics and its progress. This compilation of short essays helps readers interested in economics to identify 21st century economic ideas that should be read and remembered. The authors state their personal opinion on what matters most in contemporary economics and reveal its fascinating and creative sides. The book identifies the most important contributions to economics in the 21st century, recommended by leading scholars from all over the world. It provides leading scholars' personal evaluations of the progress in economics, and offers exceptional insights into fresh and powerful economic ideas.

Table of Contents

Front Cover.
Half Title Page.
Title Page.
Copyright Page.
About the Editors.
1: Christine Benesch Recommends “Mostly Harmless Econometrics: An Empiricist’s Companion” by Joshua D. Angrist and Jörn-Steffen Pischke.
2: Matthias Benz Recommends “The Political Economy of Government Responsiveness: Theory and Evidence from India” by Tim Besley and Robin Burgess.
3: Aleksander Berentsen Recommends “Bitcoin: A Peer-to-Peer Electronic Cash System” by Satoshi Nakamoto.
4: Thomas Bernauer Recommends “Tracking the Ecological Overshoot of the Human Economy” by Mathis Wackernagel, Niels B. Schulz, Diana Deumling, Alejandro Callejas Linares, Martin Jenkins, Valerie Kapos, Chad Monfreda, Jonathan Loh et al..
5: Peter Bernholz Recommends “Redesigning Democracy: More Ideas for Better Rules” by Hans Gersbach.
6: Norbert Berthold Recommends “The Son Also Rises: Surnames and the History of Social Mobility” by Gregory Clark.
7: Urs Birchler Recommends “Why Every Economist Should Learn Some Auction Theory” by Paul Klemperer.
8: Luigino Bruni Recommends “The Idea of Justice” by Amartya Sen.
9: Monika Bütler Recommends “The Economic Importance of Financial Literacy: Theory and Evidence” by Annamaria Lusardi and Olivia S. Mitchell.
10: Peter Cauwels Recommends “Critical Transitions in Nature and Society” by Marten Scheffer.
11: Sir Paul Collier Recommends “Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being” by George A. Akerlof and Rachel E. Kranton.
12: Reto Cueni Recommends “Too Much Finance?” by Jean-Louis Arcand, Enrico Berkes, and Ugo Panizza.
13: Jakob de Haan Recommends “Why Nations Fail: The Origins of Power, Prosperity, and Poverty” by Daron Acemoglu and James Robinson.
14: Reiner Eichenberger Recommends “Self-Interest Through Delegation: An Additional Rationale for the Principal-Agent Relationship” by John Hamman, George Loewenstein, and Roberto Weber.
15: Lars P. Feld Recommends “Happiness, Economy and Institutions” by Bruno S. Frey and Alois Stutzer.
16: Reto Foellmi Recommends “Firms in International Trade” by Andrew B. Bernard, J. Bradford Jensen, Stephen J. Redding and Peter K. Schott.
17: Nicolai J. Foss Recommends “Economics and Identity” by George A. Akerlof and Rachel E. Kranton.
18: Bruno S. Frey Recommends “Mindful Economics: The Production, Consumption, and Value of Beliefs” by Roland Bénabou and Jean Tirole.
19: Jetta Frost Recommends “Collective Action and the Evolution of Social Norms” by Elinor Ostrom.
20: Clemens Fuest Recommends “Yes, Economics Is a Science” by Raj Chetty.
21: Allan Guggenbühl Recommends “Storytelling Animal. How Stories Make Us Human” by Jonathan Gottschall.
22: Jochen Hartwig Recommends “In It Together: Why Less Inequality Benefits All” by OECD.
23: Jürg Helbling Recommends “Capital in the Twenty-First Century” by Thomas Piketty.
24: Sir David F. Hendry Recommends “An Analysis of the Indicator Saturation Estimator as a Robust Regression Estimator” by Søren Johansen and Bent Nielsen.
25: Gerard Hertig Recommends “Legal Origins” by Edward L. Glaeser and Andrei Shleifer.
26: Bruno Heyndels Recommends “Gender Quotas and the Crisis of the Mediocre Man: Theory and Evidence from Sweden” by Timothy Besley, Olle Folke, Torsten Persson, and Johanna Rickne.
27: David Iselin Recommends “The Superiority of Economists” by Marion Fourcade, Etienne Ollion, and Yann Algan.
28: Beat Kappeler Recommends “Beyond the Keynesian Endpoint: Crushed by Credit and Deceived by Debt – How to Revive the Global Economy” by Tony Crescenzi.
29: Martin Killias Recommends “Crime and Everyday Life” by Marcus Felson and Rachel Boba.
30: Hartmut Kliemt Recommends “Violence and Social Orders” by Douglass C. North, John Joseph Wallis, and Barry R. Weingast.
31: George Loewenstein Recommends “Self-Signaling and Diagnostic Utility in Everyday Decision Making” by Ronit Bodner and Drazen Prelec.
32: Ulrich Matter Recommends “Towards a Political Theory of the Firm” by Luigi Zingales.
33: Peter Nijkamp Recommends “The False Duality of Work and Leisure” by Joy E. Beatty and William R. Torbert.
34: Karl-Dieter Opp Recommends “Nudge: Improving Decisions About Health, Wealth, and Happiness” by Richard H. Thaler and Cass R. Sunstein.
35: Margit Osterloh Recommends “Do Women Shy Away from Competition? Do Men Compete Too Much?” by Muriel Niederle and Lise Vesterlund.
36: Martin Ravallion Recommends “Poverty Traps” by Samuel Bowles, Steven Durlauf, and Karla Hoff.
37: Susan Rose-Ackerman Recommends “Corruption, Norms, and Legal Enforcement: Evidence from Diplomatic Parking Tickets” by Raymond Fisman and Edward Miguel.
38: Katja Rost Recommends “The Network Structure of Social Capital” by Ronald S. Burt.
39: Christoph A. Schaltegger Recommends “Toward a Second-Generation Theory of Fiscal Federalism” by Wallace E. Oates.
40: Mark Schelker Recommends “Salience and Taxation: Theory and Evidence” by Raj Chetty, Adam Looney, and Kory Kroft.
41: Sascha L. Schmidt Recommends “Moneyball: The Art of Winning an Unfair Game” by Michael Lewis.
42: Friedrich Schneider Recommends “Public Choice III” by Dennis C. Mueller.
43: Ronnie Schöb Recommends “Economics and Identity” by George A. Akerlof and Rachel E. Kranton.
44: Gerhard Schwarz Recommends “Why Capitalism?” by Allan H. Meltzer.
45: David Stadelmann Recommends “Public Policy and the Initiative and Referendum: A Survey with Some New Evidence” by John G. Matsusaka.
46: Bruno Staffelbach Recommends “The Lucifer Effect: Understanding How Good People Turn Evil” by Philip Zimbardo.
47: Tobias Straumann Recommends “This Time Is Different: Eight Centuries of Financial Folly” by Carmen M. Reinhart and Kenneth S. Rogoff.
48: Alois Stutzer Recommends “Political Selection” by Timothy Besley.
49: Cass R. Sunstein Recommends “Scarcity: Why Having Too Little Means So Much” by Sendhil Mullainathan and Eldar Shafir.
50: Guido Tabellini Recommends “A Model of Social Identity with an Application to Political Economy: Nation, Class, and Redistribution” by Moses Shayo.
51: Mark Thoma Recommends “Learning and Expectations in Macroeconomics” by George Evans and Seppo Honkapohja.
52: Benno Torgler Recommends “Economics Rules: The Rights and Wrongs of the Dismal Science” by Dani Rodrik.
53: Jean-Robert Tyran Recommends “Patience and the Wealth of Nations” by Thomas Dohmen, Benjamin Enke, Armin Falk, David Huffman, and Uwe Sunde.
54: Ruut Veenhoven Recommends “The Broaden-and-Build Theory of Positive Emotions” by Barbara L. Fredrickson.
55: Carl Christian von Weizsäcker Recommends “Trills Instead of T-Bills: It’s Time to Replace Part of Government Debt with Shares in GDP” by Mark J. Kamstra and Robert J. Shiller.
56: Gert G. Wagner Recommends “Homo Ignorans: Deliberately Choosing Not to Know” by Ralph Hertwig and Christoph Engel.
57: Hannelore Weck-Hannemann Recommends “Orchestrating Impartiality: The Impact of ‘Blind’ Auditions on Female Musicians” by Claudia Goldin and Cecilia Rouse.
58: Barry R. Weingast Recommends “Economic Backwardness in Political Perspective” by Daron Acemoglu and James A. Robinson.
59: Barbara E. Weissenberger Recommends “Management Control Systems: Performance Measurement, Evaluation, and Incentives” by Kenneth A. Merchant and Wim A. Van der Stede.
60: Ludger Woessmann Recommends “Measuring the Impacts of Teachers II: Teacher Value-Added and Student Outcomes in Adulthood” by Raj Chetty, John N. Friedman, and Jonah E. Rockoff.
61: Klaus F. Zimmermann Recommends “Identity Economics: How Our Identities Shape Our Work, Wages, and Well-Being” by George A. Akerlof and Rachel E. Kranton.