What Do Economists Contribute?. This item is unavailable.What Do Economists Contribute?

Economists direct their research mainly to the technical frontiers of the discipline. But the actual decisions of political economy are made, not by experts, but by ordinary public officials and voters-the "Everyman." However, the task of educating the Everyman is neglected, sometimes even denigrated, by academic economists.

Daniel Klein has here gathered essays of 9 great economists of this century-Friedrich Hayek, Ronald Coase, Thomas Schelling, Gordon Tullock, Israel Kirzner, Frank Graham, William Hutt, Clarence Philbrook, and D. McCloskey-addressing the existential issue for economists: "How do we contribute to human betterment?"

The authors express their esteem for economic research firmly rooted in public issues and that contributes to public discourse. Some suggest that the academic focus on technical refinement not only diverts economists from efforts at public edification, but might even mislead economists in their own understanding of economic affairs.

Daniel B. Klein is Associate Professor of Economics at Santa Clara University. He is co-author of Curb Rights: A Foundation for Free Enterprise in Urban Transit and editor of Reputation: Studies in the Voluntary Elicitation of Good Conduct and What Do Economists Contribute?, available from NYU Press.