Home About Latest Browse RSS Advanced Search

Federal Reserve Bank of Richmond
Econ Focus
Interview: Jean Tirole
David A. Price

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."

Download Full text
Cite this item
David A. Price, "Interview: Jean Tirole" , Federal Reserve Bank of Richmond, Econ Focus, issue 4Q, pages 22-27, 2017.
More from this series
JEL Classification:
Subject headings:
Keywords: interview
For corrections, contact Christian Pascasio ()
Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

Privacy Legal