No Longer Sacred Economics: A Collection of Economic Commentaries by Robert Barro

Author: Robert J. Barro
Publisher:
Publish Date: 2003-06-01
Features: I believe that any social behavior—such as religion, love, crime, and reproduction—is governed by economic reasoning. Moreover, even widely held notions—such as the idea that workers are not enough to rely solely on beauty and that democracy is important for economic growth—are not inviolable truths and can be analyzed. This is why the book is titled Economics No Longer Sacred. Written by top economists in the world, it shines with wisdom and provokes deep reflection. Perhaps some readers, like me, may disagree with Barro's analysis of certain issues, but there is no doubt that Barro's work will encourage us to think more deeply about economic questions. Barro has changed the way economists approach all kinds of issues—from the long-term impact of government fiscal deficits to the factors that promote economic growth, and so on. The book is both filled with insightful and effortless life analysis and serious, incisive theoretical discussions on macroeconomics and policy using free-market principles. Behind the brilliance lies the author's profound economic thinking, as critics have noted: Robert Barro has changed the way economists think about everything and has profoundly influenced the development of macroeconomic theory since the 1970s. It is his articles that have made publications like The Wall Street Journal and Business Week shine with wisdom.