Summary:
The book presents an analysis of the field of economics, arguing that economic models are valuable tools with limitations and should be applied contextually. It critiques the misuse of economic principles while advocating for a more nuanced understanding of how diverse economic models can inform policy decisions.
Key points:
1. Economic models simplify reality: Rodrik says models are tools that make complex economies easier to understand and predict, but they're based on assumptions and can't capture everything.
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