Journal Article
Interview: Jean Tirole
Abstract: French economist Jean Tirole, recipient of the 2014 Nobel Memorial Prize in Economic Sciences, sees a close similarity between economics and the \\"caring profession\\" of medicine. \\"The economist,\\" he contended in his recent book Economics for the Common Good, \\"like the oncologist, makes a diagnosis on the basis of the best available (though necessarily imperfect) knowledge, and then either proposes the most suitable treatment on that basis or no treatment at all, if none seems necessary.\\"
Keywords: interview;
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Provider: Federal Reserve Bank of Richmond
Part of Series: Econ Focus
Publication Date: 2017
Issue: 4Q
Pages: 22-27