Economists and economics have been harshly criticized recently. This
book accepts many of the criticisms of conventional theory but argues
that the fundamental insights of economics are capable of
reinterpretation and reinvention to deal with a host of contemporary
concerns - social networks, glottalization, pay inequality, climate
change, automation and the growth of 'nudge' policy amongst many others.
The author uses his weekly column in the London business newspaper City
A.M. to explain new developments in economic thinking and empirical
research to a general audience. This book reproduces many of his most
provocative columns with accompanying commentary and full references.
The author's witty and informed analysis of events provides an ideal
introduction to important ideas for anybody interested in how the modern
economy works.