The Soulful Science: What Economists Really Do and why it Matters

Front Cover
Princeton University Press, 2007 - 279 pages
Think back to those economics classes you took in college. You can probably still define a few concepts like price elasticity, opportunity cost and diminishing returns, but the rest may be somewhat hazy. Like most busy people, you probably haven't stayed abreast of the latest research on the causes of economic growth or poverty, the metrics for economic policy, the economics of information and the use of evolutionary modelling. Don't worry. In this pleasant fly-over, economist Diane Coyle shows you the newly discovered economic territory you might have missed. Her presentation is all right, though she's defensive about her chosen profession and sometimes dodges around a bit before coming to the point. Still, getAbstract believes you'll find her book sensible, accurate, apolitical, fairly well-organized and far more "utility maximizing" than econ class.

From inside the book

Contents

The History Detectives
11
What Makes Economies Grow?
36
How to Make Poverty History
64
PROLOGUE TO PART 2
97
ARE INDIVIDUALS FREE TO CHOOSE?
99
Whats It All About?
101
Economics for Humans
121
Information and Markets
146
PROLOGUE TO PART 3
175
NATURE MARKETS AND SOCIETY
177
Murderous Apes and Entrepreneurs
179
Economy versus Society
203
Why Economics Has Soul
230
References
257
Index
273
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