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In 100 years : leading economists predict the future / edited by Ignacio Palacios-Huerta.

Contributor(s): Material type: TextTextEdition: First MIT Press paperback editionISBN:
  • 0262528347
  • 9780262528344
Other title:
  • In one hundred years
Subject(s): DDC classification:
  • 330.9001/12 23
LOC classification:
  • HD82
Contents:
The idea for In 100 years / Ignacio Palacios-Huerta -- The world our grandchildren will inherit / Daron Acemoglu -- Through the darkness to a brighter future / Angus Deaton -- The cone of uncertainty of the twenty-first century's economic hurricane / Avinash K. Dixit -- Wealth and the self-protection society / Edward L. Glaeser -- Keynes, his grandchildren and ours / Andreu Mas-Colell -- American politics and global progress in the twenty-first century / John E. Roemer -- In 100 years / Alvin E. Roth -- The risks of the next century and their management / Robert J. Shiller -- Stray thoughts on how it might go / Robert M. Solow -- The geoengineered planet / Martin L. Weitzman.
Summary: "This pithy and engaging volume shows that economists may be better equipped to predict the future than science fiction writers. Economists' ideas, based on both theory and practice, reflect their knowledge of the laws of human interactions as well as years of experimentation and reflection. Although perhaps not as screenplay-ready as a work of fiction, these economists' predictions are ready for their close-ups. In this book, ten prominent economists -- including Nobel laureates and several likely laureates -- offer their ideas about the world of the twenty-second century. In scenarios that range from the optimistic to the guardedly gloomy, these thinkers consider such topics as the transformation of work and wages, the continuing increase in inequality, the economic rise of China and India, the endlessly repeating cycle of crisis and (projected) recovery, the benefits of technology, the economic consequences of political extremism, and the long-range effects of climate change. For example, Daron Acemoglu offers a thoughtful discussion of how trends of the last century -- including uneven growth, technological integration, and resource scarcity -- might translate into the next; 2013 Nobelist Robert Shiller provides an innovative view of future risk management methods using information technology; 2012 Nobelist Alvin Roth projects his theory of Matching Markets into the next century, focusing on schools, jobs, marriage and family, and medicine; 1987 Nobelist Robert Solow considers the shift away from remunerated labor, among other subjects; and Martin Weitzman raises the intriguing but alarming possibility of using geoengineering techniques to mitigate the nevitable effects of climate change. In a 1930 essay mentioned by several contributors, "Economic Possibilities for Our Grandchildren," John Maynard Keynes offered predictions that, read today, range from absolutely correct to spectacularly wrong. This book follows in Keynes's path, hoping, perhaps, to better his average."-- Back cover.
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Holdings
Item type Current library Collection Call number Status Notes Date due Barcode
Non-Fiction - New Zealand Non-Fiction - New Zealand Waimate Non-Fiction Non Fiction 330.9001 (Browse shelf(Opens below)) Not For Loan Not for loan a00696286

Includes bibliographical references (pages 167-177) and index.

The idea for In 100 years / Ignacio Palacios-Huerta -- The world our grandchildren will inherit / Daron Acemoglu -- Through the darkness to a brighter future / Angus Deaton -- The cone of uncertainty of the twenty-first century's economic hurricane / Avinash K. Dixit -- Wealth and the self-protection society / Edward L. Glaeser -- Keynes, his grandchildren and ours / Andreu Mas-Colell -- American politics and global progress in the twenty-first century / John E. Roemer -- In 100 years / Alvin E. Roth -- The risks of the next century and their management / Robert J. Shiller -- Stray thoughts on how it might go / Robert M. Solow -- The geoengineered planet / Martin L. Weitzman.

"This pithy and engaging volume shows that economists may be better equipped to predict the future than science fiction writers. Economists' ideas, based on both theory and practice, reflect their knowledge of the laws of human interactions as well as years of experimentation and reflection. Although perhaps not as screenplay-ready as a work of fiction, these economists' predictions are ready for their close-ups. In this book, ten prominent economists -- including Nobel laureates and several likely laureates -- offer their ideas about the world of the twenty-second century. In scenarios that range from the optimistic to the guardedly gloomy, these thinkers consider such topics as the transformation of work and wages, the continuing increase in inequality, the economic rise of China and India, the endlessly repeating cycle of crisis and (projected) recovery, the benefits of technology, the economic consequences of political extremism, and the long-range effects of climate change. For example, Daron Acemoglu offers a thoughtful discussion of how trends of the last century -- including uneven growth, technological integration, and resource scarcity -- might translate into the next; 2013 Nobelist Robert Shiller provides an innovative view of future risk management methods using information technology; 2012 Nobelist Alvin Roth projects his theory of Matching Markets into the next century, focusing on schools, jobs, marriage and family, and medicine; 1987 Nobelist Robert Solow considers the shift away from remunerated labor, among other subjects; and Martin Weitzman raises the intriguing but alarming possibility of using geoengineering techniques to mitigate the nevitable effects of climate change. In a 1930 essay mentioned by several contributors, "Economic Possibilities for Our Grandchildren," John Maynard Keynes offered predictions that, read today, range from absolutely correct to spectacularly wrong. This book follows in Keynes's path, hoping, perhaps, to better his average."-- Back cover.

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