*Madmen, Intellectuals, and Academic Scribblers*

by on November 11, 2012 at 4:00 pm in Books, Economics | Permalink

That is a new and forthcoming book from Wayne A. Leighton and Edward L. Lopez, and the subtitle is The Economic Engine of Political Change.  Here is my blurb:

Ideas matter. Madmen, with its engaging stories, is perfect for anyone interested in public policy, or how our world could be a better place. Read it, and assign it to your class.

Colin Docherty November 11, 2012 at 5:16 pm

No kindle edition?

jseliger November 11, 2012 at 6:13 pm

And it’s expensive. . .

Ray Lopez November 12, 2012 at 3:16 pm

Had a good opening paragraph but looks like a routine synthesis of game theory, watered down in easy to understand prose.

Chris November 11, 2012 at 6:03 pm

I know, right? You’d think there was a stagnation on or something.

Saturos November 11, 2012 at 10:03 pm

Sounds Marxian. Inverse A&R.

ThomasH November 11, 2012 at 10:44 pm

No review?

Ed Lopez November 12, 2012 at 8:45 am

Thanks, Tyler.

Kindle edition is forthcoming soon. I’m not sure why Amazon isn’t discounting the price. “Expensive” is curious for under 30 bucks, hardcover, academic press — even these days.

As for compare/contrast with Acemoglu & Robinson, our main focus is how ideas influence institutional arrangements. Our argument is rooted in public choice, which A&R hold at arm’s length. Ultimately we explain how new ideas must do battle with the status quo, in particular existing political interests and prevailing ways of thinking. Only when these are defeated will policymakers have the incentive to change the rules. The key to the process is a form of entrepreneurship that needs to be clearly explored, discussed, etc. I hope you all have a look and continue the discussion…

Ed

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