Books: Inside the Economist's Mind (I.T.E.M.) and Getting It Wrong

This Blog hosts discussion of issues relevant to the book, Inside the Economist's Mind, coedited by Nobel Laureate Paul A. Samuelson and William A. Barnett, published by Wiley/Blackwell, and the newer book by William A. Barnett, Getting It Wrong, published by MIT Press.

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William A. Barnett is Oswald Distinguished Professor of Macroeconomics at the University of Kansas and Director of the Center for Financial Stability in New York City. He was previously Research Economist at the Board of Governors of the Federal Reserve System in Washington, DC; Stuart Centennial Professor of Economics at the University of Texas at Austin; and Professor of Economics at Washington University in St. Louis. William Barnett has been a leading researcher in macroeconomics and econometrics. He is one of the pioneers in the study of chaos and nonlinearity in socioeconomic contexts, as well as a major figure in the study of the aggregation problem. He is Editor of the Emerald Press monograph series International Symposia in Economic Theory and Econometrics, and Editor of the journal Macroeconomic Dynamics, published by Cambridge University Press. He received his B.S. degree from M.I.T., his M.B.A. from the University of California at Berkeley, and his M.A. and Ph.D. from Carnegie Mellon University. He has published 20 books (as either author or editor) and over 140 articles in professional journals. His research has been published in 7 languages.


The book, Inside the Economist's Mind, is coedited by Paul A. Samuelson and William A. Barnett. Although this Blog is hosted solely by the latter coeditor, the following is the information in the book's front matter about Paul Samuelson:

Paul A. Samuelson was the first American to win the Nobel Prize in Economics. He is Professor Emeritus of Economics and Institute Professor at the Massachusetts Institute of Technology. Institute Professor is the highest rank awarded by MIT. His landmark 1947 book, Foundations of Economic Analysis, based upon his Ph.D. dissertation at Harvard University, established him as "the economists' economist" by raising the standards of the entire profession. Paul Samuelson's classic textbook, Economics, first published in 1948, is among the most successful textbooks ever published in the field. The book's 16 editions have sold over four million copies and have been translated into 41 languages. He received his B.A. degree from the University of Chicago and his M.A. and Ph.D. from Harvard University. As one of the profession's most productive scholars for over a half-century, he remains an intellectual force of towering stature.

Wednesday, January 03, 2007

Bookviews Review of I.T.EM.

I.T.E.M. just appeared as a January 2007 "pick of the month" in Bookviews, edited by Alan Caruba. He is a charter member of the National Critics Circle. He also is a member of the American Society of Journalists and Authors and of the Society of Professional Journalists. Bookviews has been an authoritative source of book reviews since the 1960's. Here is his review:

  • "The study of economics lost one of its greatest minds, Milton Friedman, in November of last year. He was passionate about freedom and keeping government from interfering with the most basic element of choice that underlies the open marketplace of goods and services. A unique book, Inside the Economist's Mind: Conversations with Eminent Economists ($74.95/$29.95, Blackwell Publishing, Malden, MA, hard and softcover) is edited by two other famed economists, Paul A. Samuelson and William A. Barnett. They sat down with sixteen of their colleagues, and their candid interviews make for some lively reading that even those unfamiliar with this critical field of analysis would find interesting. For those for whom economists represent the guidance needed in an ever shifting landscape of events, this book offers some excellent insights."


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