"J.K. Galbraith joked that 'the only function of economic forecasting is to make astrology look respectable'. Just as economics is half way between science and guesswork, so too Inside the Economist's Mind blends academic analysis with biographical informality.
It comprises interviews with 16 economists, half of them Nobel Prize winners, conducted by fellow economists. The emphasis is on macroeconomic theorists such as Robert Lucas and Milton Friedman, though also numbered among the interviewees are central bankers including Paul Volcker, chairman of the Federal Reserve under the Carter and Reagan administrations, and Stanley Fischer, governor of the Bank of Israel.
The aim is to see how their lives and work have intersected. . . . the book's value for the layman is to humanise a branch of thought that is abstruse yet full of practical consequence for everyday life."
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