"WINNING a Nobel prize changes your life," said Jean Tirole, a French economist, from experience. When his work on competition policy and how to adapt regulation for specific industries earned him the gong in 2014, he could have succumbed to "Nobel prize syndrome", the tendency to opine on all economic matters regardless of expertise. His book "Economics for the Common Good", published in 2016 and just released in English, attempts something much bolder. He tries to rescue economists' reputation.
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