Economists seem to be everywhere in the media these
days. But what exactly do today's economists do? What
and how are they taught? Updating David Colander and
Arjo Klamer's classic The Making of an Economist,
this book shows what is happening in elite U.S. economics
Ph.D. programs. By examining these programs, Colander
gives a view of cutting-edge economics--and a glimpse
at its likely future. And by comparing economics education
today to the findings of the original book, the new
book shows how much--and in what ways--the field has
changed over the past two decades. The original book
led to a reexamination of graduate education by the
profession, and has been essential reading for prospective
graduate students. Like its predecessor, The Making
of an Economist, Redux is likely to provoke discussion
within economics and beyond.
The book includes new interviews with students at
Harvard, Princeton, Stanford, MIT, Chicago, and Columbia.
In these conversations, the students--the next generation
of elite economists--colorfully and frankly describe
what they think of their field and what graduate economics
education is really like. The book concludes with
reflections by Colander, Klamer, and Robert Solow.