Economic Fables (Google eBook)

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Open Book Publishers, 2012 - Biography & Autobiography - 255 pages
2 Reviews
"I had the good fortune to grow up in a wonderful area of Jerusalem, surrounded by a diverse range of people: Rabbi Meizel, the communist Sala Marcel, my widowed Aunt Hannah, and the intellectual Yaacovson. As far as I'm concerned, the opinion of such people is just as authoritative for making social and economic decisions as the opinion of an expert using a model." Part memoir, part crash-course in economic theory, this deeply engaging book by one of the world's foremost economists looks at economic ideas through a personal lens. Together with an introduction to some of the central concepts in modern economic thought, Ariel Rubinstein offers some powerful and entertaining reflections on his childhood, family and career. In doing so, he challenges many of the central tenets of game theory, and sheds light on the role economics can play in society at large. Economic Fables is as thought-provoking for seasoned economists as it is enlightening for newcomers to the field.
  

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Ariel Rubinstein is not a serious thinker of any social issues. He might raise some interesting questions but he never provides answers, not even a hint. His reasoning is very fragmented (I hope it's not the case in his serious work); particularly, he always complains that economists deviate too far away from reality/society and he does not consider it's right, however he's contented to be an economist just because of those interesting and beautiful models. 

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About the author (2012)

Ariel Rubinstein is professor of economics at Tel Aviv University and New York University. He is the author of "Economics and Language" and "Modeling Bounded Rationality" and the coauthor of "A Course in Game Theory and Bargaining and Markets.

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