Cents and Sensibility - What Economics Can Learn from the Humanities
by Gary Saul Morson; Morton Schapiro
Call Number: EBook
Economists often act as if their methods explain all human behavior. But in 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. Gary Saul Morson and Morton Schapiro trace the connection between Adam Smith's great classic, The Wealth of Nations, and his less celebrated book on 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. 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.
In the News
RSS feed for The Economist.
Welcome to Economic Research!
This subject guide contains information about researching economics by usingdatabases, books, journals, and the internet.
If you would like immediate research help, please proceed to ourwebchator call the library's main desk (254-519-5798).