Winner of the Enlightened Economist Prize 2015

It has been a tough year to decide which of the titles on the longlist would win. The rules are that I make up the criteria and decide for myself – it’s a combination of readability,  telling me things I didn’t already know, and likely shelf longevity. And I have to have read the book in the past 12 months; publication date is not relevant.

The shortlist included by Eden Medina, by Cesar Hidalgo and by John Kay.

[amazon_image id=”0262525968″ link=”true” target=”_blank” size=”medium” ]Cybernetic Revolutionaries: Technology and Politics in Allende’s Chile[/amazon_image] [amazon_image id=”0465048994″ link=”true” target=”_blank” size=”medium” ]Why Information Grows: The Evolution of Order, from Atoms to Economies[/amazon_image] [amazon_image id=”1781254435″ link=”true” target=”_blank” size=”medium” ]Other People’s Money: Masters of the Universe or Servants of the People?[/amazon_image]

But the winner is: by Joshua Angrist and Jorn-Steffen Pischke. It might seem surprising that I chose an econometrics text, but seriously if you have any interest at all in understanding how to treat evidence carefully and reason about causation, this is a very accessible explanation. It is also straightforward to read and understand – the technical bits are in an appendix to each chapter and easily skipped. I certainly think every economist and student of economics ought to read this book.

[amazon_image id=”B00SLVGQD0″ link=”true” target=”_blank” size=”medium” ]Mastering ‘Metrics: The Path from Cause to Effect: Written by Joshua D. Angrist, 2015 Edition, Publisher: Princeton University Press [Paperback][/amazon_image]

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