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Economic Explanation: Selected Papers of Steven N. S. Cheung

Steven N. S. Cheung

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longsangstan
If you know Chinese, there is a must read: Economic Explanation(經濟解釋) by Steven Cheung. If you don't, you can read: Economic Explanation: Selected Papers of Steven N.s. Cheung. (Same book name but different content - collection of essays vs a book on theories) Why Steven Cheung? As a close friend to Ronald Coase, he too focuses on empirical research (the real world) rather than blackboard economics (the imaginary world); hates the use of math for the sake of it; emphasizes on testable implications (positive economics). His classic paper The Fable of the Bees is a great example of how empirical work destroys blackboard economics.

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