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The Soulful Science: What Economists Really Do and Why It Matters (Revised Edition)
     

The Soulful Science: What Economists Really Do and Why It Matters (Revised Edition)

by Diane Coyle
 

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ISBN-10: 0691143161

ISBN-13: 9780691143163

Pub. Date: 12/07/2009

Publisher: Princeton University Press

For many, Thomas Carlyle's put-down of economics as "the dismal science" rings true—especially in the aftermath of the crash of 2008. But Diane Coyle argues that economics today is more soulful than dismal, a more practical and human science than ever before. The Soulful Science describes the remarkable creative renaissance in economics, how economic

Overview

For many, Thomas Carlyle's put-down of economics as "the dismal science" rings true—especially in the aftermath of the crash of 2008. But Diane Coyle argues that economics today is more soulful than dismal, a more practical and human science than ever before. The Soulful Science describes the remarkable creative renaissance in economics, how economic thinking is being applied to the paradoxes of everyday life.

This revised edition incorporates the latest developments in the field, including the rise of behavioral finance, the failure of carbon trading, and the growing trend of government bailouts. She also discusses such major debates as the relationship between economic statistics and presidential elections, the boundary between private choice and public action, and who is to blame for today's banking crisis.

Product Details

ISBN-13:
9780691143163
Publisher:
Princeton University Press
Publication date:
12/07/2009
Edition description:
Revised
Pages:
304
Product dimensions:
6.00(w) x 9.20(h) x 0.90(d)

Table of Contents

Acknowledgements vii
Introduction 1
Prologue to Part1 9

Part 1. The Mysteries of Wealth and Poverty 11

Chapter One: The History Detectives 13
Chapter Two: What Makes Economies Grow? 39
Chapter Three: How to Make Poverty History 68
Prologue to Part 2 103

Part 2. Are Individuals Free to Choose? 105

Chapter Four: What's It All About? 107
Chapter Five: Economics for Humans 128
Chapter Six: Information and Markets 156
Prologue to Part 3 185

Part 3. Nature, Markets, and Society 187

Chapter Seven: Murderous Apes and Entrepreneurs 189
Chapter Eight: Economy versus Society 213
Chapter Nine: Why Economics Has Soul 242

References 273
Index 289

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