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008			200204s9999 xx 000 0 und d
020			_a9780262611350
082			_a338.9 KRU
100			_aKrugman, Paul
245		0	_aDevelopment, geography and economic theory
260			_aLondon
260			_bMIT Press
260			_c2002
300			_a117 p.
365			_b 750.49
365			_dRS
520			_aWhy do certain ideas gain currency in economics while others fall by the wayside? Paul Krugman argues that the unwillingness of mainstream economists to think about what they could not formalize led them to ignore ideas that turn out, in retrospect, to have been very good ones. Krugman examines the course of economic geograph and development theory to shed light on the nature of economic inquiry. He traces how development theory lost its huge initial influence and virtually disappeared from economic discourse after it became clear that many of the theory's main insights could not be clearly modeled. Economic geography seems to have fared even worse, as economists shied away from grappling with questions about space-such as the size, location, or even existence of cities-because the "terrain was seen as unsuitable for the tools at hand." Krugman's book, however, is not a call to abandon economic modeling. He concludes with a reminder of why insisting on the use of models may be right, even when these sometimes lead economists to overlook good ideas. He also recaps the discussion of development and economic geography with a commentary on recent developments in those fields and areas where further inquiry looks most promising.
650			_aDevelopment economics-History
942			_cB _2ddc