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.

Saturday, July 26, 2008

German Translation

I have been informed that a German translation of ITEM is to be published by Wiley VCH.

Wednesday, July 23, 2008

Economic and Political Weekly Review

A book review of ITEM has appeared in the July 19 - 25, 2008 issue of the highly regarded Indian journal, Economic and Political Weekly. The review begins with:

"This book can make you fall in love with economics all over again. A collection of interviews with 16 eminent economists, it presents the attractive face of the field one rediscovers an economics concerned with improving the human condition by putting to good use tools borrowed from disciplines as diverse as mathematics and psychology. The book is a labour of love for William Barnett, the editor of the journal Macroeconomic Dynamics in which these interviews originally appeared between 1997 and 2005. Though the interviews were aimed at professional macroeconomists, much of the book is of broader interest. That is because these eminent economists, interviewed by their peers, are often able to describe their complicated work in simple terms, with modesty and humour, and enriched with anecdotes from their lives."

The author of the four page review was Prakash Loungani, Advisor, Research Department, International Monetary Fund in Washington, DC.

Friday, July 11, 2008

Russian Translation

Evidently ITEM's translation into Russian is soon to be available. See Russian School of Management SKOLKOV.

If you look at that site, you will find the following statement:

" The SKOLKOVO publishing series is opened by books of world-renowned authors:

- 'Essential Writings on Management' Peter Drucker;
- 'The Culture Code: An Ingenious Way to Understand Why People Around the World Live and Buy as They Do' Clotaire Rapaille;
- 'Hostage at the Table: How Leaders Can Overcome Conflict, Influence Others, and Raise Performance' George Kohlrieser;
- 'The Age of Turbulence: Adventures in a New World' Alan Greenspan;
- 'Inside the Economist's Mind', edited by Paul Samuelson and William Barnett)."

You can also find the following there:

"Being realized in partnership with the government of the Russian Federation, SKOLKOVO is a part of the national priority projects programme, funded exclusively by private business. Dmitry Medvedev, the President of the Russian Federation, is the Chairman of the SKOLKOVO International Advisory Board."