The Soulful Science: What Economists Really Do and why it MattersPrinceton 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. |
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 |
Other editions - View all
Common terms and phrases
analysis applied approach areas argues assumptions become behavior better capital century chapter choice competition conventional costs countries critics culture decisions depend described economic economic growth economists effect empirical Europe evidence evolutionary example expect experiments explain fact firms future give given groups growing growth happiness higher human idea impact important improve income increase indicators individual industrial innovation institutions interest investment Italy Journal kind leading less living look markets means measure mechanisms natural networks nomic offer organization outcomes output past political poor population possible poverty Press problem productivity question rational reason recent reference returns rich selection social society started statistical theory tion trade turn United University