Political Arithmetic We take for granted today that the assessments, measurements, and forecasts of economists are crucial to the decision-making of governments and businesses alike. But less than a century ago that wasn't the case. This book is simultaneously a history of a key period of economic thought and a testament to the power of applied ideas. Full description
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"It all adds up! Political Arithmetic captures a great intellectual pioneer at work and shows how he helped make modern economics a tool for transforming not only mankind's environment but mankind itself."--Sylvia Nasar, author of Grand Pursuit: The Story of Economic Genius and A Beauti
"The tale moves quickly, but with the light touch of a master who understands the tradition of which he writes from the inside."
--ChoiceWinner of the 1993 Nobel Prize in Economics, Robert William Fogel is the Charles R. Walgreen Distinguished Service Professor of American Institutions in the Booth School of Business, director of the Center for Population Economics, and a member of the Department of Economics and of the Committee on Social Thought at the University of Chicago. Enid M. Fogel (1923-2007) was associate dean of students at the Booth School of Business. Mark Guglielmo is assistant professor of economics at Bentley University in Waltham, Massachusetts. Nathaniel Grotte is associate director of the Center for Population Economics.
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