000			01974nam a2200253Ia 4500
999			_c161 _d161
003			DE-boiza
005			20230526112537.0
008			190909
020			_a0-262-61135-X
040			_cIZA
100			_aKrugman, Paul R. _9521
245		0	_aDevelopment, Geography, and Economic Theory
250			_a5. print.
260			_c1999 _bMIT Press, _aCambridge, Mass.,
300			_a117 pages
340			_hO1 21
440			_aThe Ohlin Lectures _n (No.6) _95150
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 _9179
650			_aeconomic geography _9522
650			_aeconomic theory _9523
856			_3details (MIT Press) _uhttps://mitpress.mit.edu/9780262611350/development-geography-and-economic-theory/
942			_cBO _2JEL