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Expert Failure (Cambridge Studies in Economics, Choice, and Society) by [Roger Koppl]

Expert Failure (Cambridge Studies in Economics, Choice, and Society) Kindle Edition

4.2 out of 5 stars 16 ratings

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Editorial Reviews


‘If you are skeptical of elitist experts, cronies in government or business, but fearful of the populist uprising against them, you will like reading this book in the intellectual tradition of B. Mandeville, Adam Smith, and F. A. Hayek.' Vernon Smith, Nobel Laureate, Professor of Economics and Law, Chapman University, California

‘The burgeoning literature on expertise, which crosses several disciplines, has needed an accessible, sophisticated, critical, synthetic overview that explains the importance of the issues. Roger Koppl has supplied one at last, and much can be learned from it.' Stephen Turner, Distinguished University Professor, University of South Florida

‘In this lucid and wide-ranging examination, Roger Koppl sets forth several lines of thought that speak to this servant-master dichotomy. The book does not provide a recipe for creating servants and avoiding masters, but it provides a cogent framework for exploring this problem of human governance, closing with the wisdom: value expertise but fear expert power.' Richard Wagner, Harris Professor of Economics, George Mason University, Washington, DC

'The growth of the administrative state, more intricate financial regulation, and the spread of behavioral economics as a basis for policy means that we are increasingly living under the rule of experts. Roger Koppl's book is an in-depth look at the epistemic and incentive problems created by what may appear to some as simply evidence-based policy. But much more is at stake here as Koppl revealingly demonstrates.' Mario J. Rizzo, Associate Professor of Economics, New York University

'In Expert Failure, Roger Koppl has written a commanding synoptic and authoritative book on the fundamental problem of 'experts', when knowledge is not uniformly distributed. Koppl argues for polyarchy over hierarchy, covering an enormous range from Socrates, to the administrative state, to the tacit knowledge in the economy and the dangers of the 'entangled deep state'. Read this book.' Stuart Kauffman, FRSC, Emeritus Professor, University of Pennsylvania
--This text refers to the hardcover edition.

Book Description

Roger Koppl develops a theory of experts and expert failure, and illustrates his theory with wide-ranging examples, including that of state regulation of economic activity. --This text refers to the hardcover edition.

Product details

  • ASIN ‏ : ‎ B07951H4R3
  • Publisher ‏ : ‎ Cambridge University Press (February 8, 2018)
  • Publication date ‏ : ‎ February 8, 2018
  • Language ‏ : ‎ English
  • File size ‏ : ‎ 1767 KB
  • Simultaneous device usage ‏ : ‎ Up to 4 simultaneous devices, per publisher limits
  • Text-to-Speech ‏ : ‎ Enabled
  • Screen Reader ‏ : ‎ Supported
  • Enhanced typesetting ‏ : ‎ Enabled
  • X-Ray ‏ : ‎ Not Enabled
  • Word Wise ‏ : ‎ Enabled
  • Sticky notes ‏ : ‎ On Kindle Scribe
  • Print length ‏ : ‎ 289 pages
  • Page numbers source ISBN ‏ : ‎ 1107138469
  • Customer Reviews:
    4.2 out of 5 stars 16 ratings

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