Economists are widely reviled and their profession has become a favourite punching bag in the aftermath of the financial crisis. Yet their services have never been in greater demand. To unravel the paradox, we need to understand both the strengths and weaknesses of economics. This book offers both a...

Economists are widely reviled and their profession has become a favourite punching bag in the aftermath of the financial crisis. Yet their services have never been in greater demand. To unravel the paradox, we need to understand both the strengths and weaknesses of economics. This book offers both a defence and critique of the field.