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Bruno S. Frey (editor) - 21st Century Economics: Economic Ideas You Should Read and Remember

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Bruno S. Frey (editor) 21st Century Economics: Economic Ideas You Should Read and Remember

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Economics is a science that can contribute substantial powerful and fresh insights! This book collects essays by leading academics that evaluate the scholarly importance of contemporary economic ideas and concepts, thus providing valuable knowledge about the present state of economics and its progress.

This compilation of short essays helps readers interested in economics to identify 21st century economic ideas that should be read and remembered. The authors state their personal opinion on what matters most in contemporary economics and reveal its fascinating and creative sides.

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Contents
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Editors Bruno S Frey and Christoph A Schaltegger 21st Century Economics - photo 1
Editors
Bruno S. Frey and Christoph A. Schaltegger
21st Century Economics Economic Ideas You Should Read and Remember
Editors Bruno S Frey CREMA University of Basel Zurich Switzerland - photo 2
Editors
Bruno S. Frey
CREMA, University of Basel, Zurich, Switzerland
Christoph A. Schaltegger
Department of Economics, University of Lucerne, Lucerne, Switzerland
ISBN 978-3-030-17739-3 e-ISBN 978-3-030-17740-9
https://doi.org/10.1007/978-3-030-17740-9
Springer Nature Switzerland AG 2019
This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed.
The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use.
The publisher, the authors, and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations.

This Springer imprint is published by the registered company Springer Nature Switzerland AG.

The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland

Introduction
Bruno S. Frey
Christoph A. Schaltegger

Modern economics is a vivid, dynamic and relevant social sciencethis is the firm conviction of the two editors.

But what is the content of modern economics? What should one read and remember?

In order to find out, we asked a number of young and old, beginning and accomplished, professional economists. We did not in any way interfere in what the contributions should contain; the contributors were completely free to choose any text they wanted.

There were only three requirements. The text recommended to be read and remembered:
  • Must be publicly available. It can be an article, a book or any other type of publication.

  • Must have been published since the year 2000. While we fully acknowledge the major impact exerted on economics by scholars like Adam Smith, Karl Marx, Joseph Schumpeter or John Maynard Keynes, we wanted to know what modern texts are recommended.

  • The contribution must not exceed 3500 characters and must recommend only one text.

The result is this book containing recommendations to read and remember by 61 contributors. They come from many different countries and make a large number of different proposals. This illustrates that economics in the twenty-first century is indeed a vivid and dynamic discipline. It is up to the reader whether, and to what extent, the proposed texts are relevant for the real world.

The editors are convinced that this is the case.

Contents
Christine Benesch
Matthias Benz
Aleksander Berentsen
Thomas Bernauer
Peter Bernholz
Norbert Berthold
Urs Birchler
Luigino Bruni
Monika Btler
Peter Cauwels
Paul Collier
Reto Cueni
Jakob de Haan
Reiner Eichenberger
Lars P. Feld
Reto Foellmi
Nicolai J. Foss
Bruno S. Frey
Jetta Frost
Clemens Fuest
Allan Guggenbhl
Jochen Hartwig
Jrg Helbling
Sir David F. Hendry
Gerard Hertig
Bruno Heyndels
David Iselin
Beat Kappeler
Martin Killias
Hartmut Kliemt
George Loewenstein
Ulrich Matter
Peter Nijkamp
Karl-Dieter Opp
Margit Osterloh
Martin Ravallion
Susan Rose-Ackerman
Katja Rost
Christoph A. Schaltegger
Mark Schelker
Sascha L. Schmidt
Friedrich Schneider
Ronnie Schb
Gerhard Schwarz
David Stadelmann
Bruno Staffelbach
Tobias Straumann
Alois Stutzer
Cass R. Sunstein
Guido Tabellini
Mark Thoma
Benno Torgler
Jean-Robert Tyran
Ruut Veenhoven
Carl Christian von Weizscker
Gert G. Wagner
Hannelore Weck-Hannemann
Barry R. Weingast
Barbara E. Weissenberger
Ludger Woessmann
Klaus F. Zimmermann
Bruno S. Frey and Christoph A. Schaltegger
About the Editors
Bruno S. Frey

is Permanent Visiting Professor at the University of Basel . He was Professor of Economics at the University of Zurich from 1977 to 2012; Distinguished Professor of Behavioural Science at the Business School of Warwick University, UK, from 2010 to 2013; and Senior Professor of Economics at Zeppelin University Friedrichshafen, Germany, from 2013 to 2015.

Frey is Research Director of CREMA Center for Research in Economics, Management and the Arts, Switzerland, and Co-Founder of CREW Center for Research in Economics and Well-being at the University of Basel. He was Managing Editor from 1969 to 2015 and is now Honorary Editor of Kyklos . Bruno Frey seeks to extend economics beyond the standard neo-classics by including insights from other disciplines, including political science, psychology and sociology.

Christoph A. Schaltegger

has been Professor of Political Economics at the University of Lucerne since 2010. Since 2016, he has acted as the Dean of the Faculty of Economics and Management. He also teaches public finance at the University of St. Gallen , where he serves as a director of the Institute of Public Finance and Fiscal Law (IFF). In spring 2009, he was Visiting Scholar at the Queensland University of Technology in Brisbane (Australia).

The editors want to thank Evelyn Holderegger for the excellent work and great help in editing this volume. They are also grateful to Gabriela Rychener for her support and especially to Dr Simon Milligan for his careful proofreading.

Springer Nature Switzerland AG 2019
Bruno S. Frey and Christoph A. Schaltegger (eds.) 21st Century Economics https://doi.org/10.1007/978-3-030-17740-9_1
Christine Benesch Recommends Mostly Harmless Econometrics: An Empiricists Companion by Joshua D. Angrist and Jrn-Steffen Pischke
Christine Benesch
(1)
University of St. Gallen, St. Gallen, Switzerland
Christine Benesch
Email:

Angrist and Pischke are not the first or only ones to present econometric methods for causal inference and emphasize the importance of a credible research design. However, by writing an accessible, concise, and even fun-to-read textbook, they have made the concepts and methods palatable to a large audience.

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