Cents And Sensibility: What Economics Can Learn From The Humanities
by Gary Saul Morson /
2017 / English / PDF
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A provocative and inspiring case for a more humanistic
economics
A provocative and inspiring case for a more humanistic
economics
Economists often act as if their methods explain all human
behavior. But in
Economists often act as if their methods explain all human
behavior. But inCents and Sensibility
Cents and Sensibility, an eminent
literary critic and a leading economist make the case that the
humanities, especially the study of literature, offer economists
ways to make their models more realistic, their predictions more
accurate, and their policies more effective and just.
, an eminent
literary critic and a leading economist make the case that the
humanities, especially the study of literature, offer economists
ways to make their models more realistic, their predictions more
accurate, and their policies more effective and just.
Gary Saul Morson and Morton Schapiro trace the connection between
Adam Smith's great classic,
Gary Saul Morson and Morton Schapiro trace the connection between
Adam Smith's great classic,The Wealth of Nations
The Wealth of Nations, and his
less celebrated book on
, and his
less celebrated book onThe Theory of Moral Sentiments
The Theory of Moral Sentiments,
and contend that a few decades later Jane Austen invented her
groundbreaking method of novelistic narration in order to give
life to the empathy that Smith believed essential to humanity.
,
and contend that a few decades later Jane Austen invented her
groundbreaking method of novelistic narration in order to give
life to the empathy that Smith believed essential to humanity.
Morson and Schapiro argue that Smith's heirs include Austen,
Anton Chekhov, and Leo Tolstoy as well as John Maynard Keynes and
Milton Friedman. Economists need a richer appreciation of
behavior, ethics, culture, and narrative―all of which the great
writers teach better than anyone.
Morson and Schapiro argue that Smith's heirs include Austen,
Anton Chekhov, and Leo Tolstoy as well as John Maynard Keynes and
Milton Friedman. Economists need a richer appreciation of
behavior, ethics, culture, and narrative―all of which the great
writers teach better than anyone.Cents and Sensibility
Cents and Sensibility demonstrates the benefits of a
freewheeling dialogue between economics and the humanities by
addressing a wide range of problems drawn from the economics of
higher education, the economics of the family, and the
development of poor nations. It offers new insights about
everything from the manipulation of college rankings to why some
countries grow faster than others. At the same time, the book
shows how looking at real-world problems can revitalize the study
of literature itself.
demonstrates the benefits of a
freewheeling dialogue between economics and the humanities by
addressing a wide range of problems drawn from the economics of
higher education, the economics of the family, and the
development of poor nations. It offers new insights about
everything from the manipulation of college rankings to why some
countries grow faster than others. At the same time, the book
shows how looking at real-world problems can revitalize the study
of literature itself.
Original, provocative, and inspiring,
Original, provocative, and inspiring,Cents and
Sensibility
Cents and
Sensibility brings economics back to its place in the human
conversation.
brings economics back to its place in the human
conversation.