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- DescriptionA detailed look at how ecomists shaped the world, and how the legacy continues Trillion Dollar Ecomists explores the prize-winning ideas that have shaped business decisions, business models, and government policies, expanding the popular idea of the ecomist's role from one of forecaster to one of invator. Written by the former Director of Ecomic Research at Bloomberg Government, the Kauffman Foundation and the Brookings Institution, this book describes the ways in which ecomists have helped shape the world in some cases, dramatically eugh to be recognized with a Nobel Prize or Clark Medal. Detailed discussion of how ecomists think about the world and the pace of future invation leads to an examination of the role, importance, and limits of the market, and ecomists' contributions to business and policy in the past, present, and future. Few ecomists actually forecast the ecomy's performance. Instead, the bulk of the profession is concerned with how markets work, and how they can be made more efficient and productive to generate the things people want to buy for a better life. Full of interviews with leading ecomists and industry leaders, Trillion Dollar Ecomists showcases the invations that have built modern business and policy. Readers will: * Review the basics of ecomics and the invation of ecomists, including market failures and the macro-micro distinction * Discover the true power of ecomic ideas when used directly in business, as exemplified by Priceline and Google * Learn how ecomists contributed to policy platforms in transportation, energy, telecommunication, and more * Explore the future of ecomics in business applications, and the policy ideas, challenges, and implications Ecomists have helped firms launch new businesses, established new ways of making money, and shaped government policy to create new opportunities and a new landscape on which businesses compete. Trillion Dollar Ecomists provides a comprehensive exploration of these contributions, and a detailed look at invation to come.
- Author BiographyROBERT LITAN has spent four decades publishing over 25 books and more than 200 articles about the U.S. economy and has directed economic research at some of the nation s leading research organizations in both the for-profit and non-profit sectors: the Brookings Institution, the Kauffman Foundation, and Bloomberg Government. He is currently a non-resident senior fellow at the Brookings Institution, Of Counsel to the law firm of Korein Tillery (St. Louis and Chicago), and Chief Economist of Main Street Genome, a new company providing analytics to small companies. He is also a regular contributor to Wall Street Journal s Think Tank blog.
- Author(s)Robert Litan
- PublisherJohn Wiley & Sons Inc
- Date of Publication04/11/2014
- SubjectEconomics: Professional & General
- Series TitleBloomberg
- Place of PublicationNew York
- Country of PublicationUnited States
- ImprintJohn Wiley & Sons Inc
- Weight672 g
- Width155 mm
- Height236 mm
- Spine31 mm
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