This collection of essays on
the teaching of economics was published on 15th September
2012, the fourth anniversary of the Lehman Brothers
bankruptcy. Available from Amazon (cover price is £14.99;
Kindle edition also available).
Superb! Diane Coyle has catalysed what is long overdue: candid self-questioning by economists of a discipline that did not anticipate the crisis and has barely changed since despite its self-evident shortcomings. Some spectacularly good reads. Economics can't stay the same after this book.
Will Hutton, Principal of Hertford College Oxford, Observer columnist and chair The Big Innovation Centre
With outstanding essays from the likes of Andy Haldane, John Kay and Andrew Lo, this book should be read by anyone interested - or anxious - about what economists do and how economics is taught.
Tim Harford, author of "The Undercover Economist" and "Adapt"
This volume will set the agenda for the debate of the next decade by economists and policy makers trying to avoid another financial crisis. The self-critical chapters by top-tier economists and hands-on practitioners provide fascinating insights into what went wrong and how the economics profession should set about to reform itself.
Dr DeAnne Julius CBE, Chairman of Chatham House and former member of the Bank of England's Monetary Policy Committee
See also comments and reviews by Declan Jordan in the LSE Review of Books, Howard Davies at Project Syndicate; Larry Elliott of The Guardian; Rajiv Sethi of Barnard College. There is an essay (pdf) by Diane Coyle in Research Fortnight.
Contributors are: Paul Anand, Wendy Carlin, Jagjit Chadha, David Colander, Diane Coyle, Roger Farmer, Benjamin Friedman, Edward Glaeser, Andrew Haldane, Dirk Helbing, Harold James, John Kay, Stephen King, Alan Kirman, Jonathan Leape, Andrew W. Lo, Michael McMahon, Paul Ormerod, Dave Ramsden, Bridget Rosewell, Paul Seabright, Steve Schifferes, John Sloman, Alison Wride.
Click here for links to the chapters by Jonathan Leape, and Paul Anand and Jonathan Leape.