The Soulful Science

What Economists Really Do and Why It Matters - Revised Edition

Business & Finance, Economics, Theory of Economics, Economic History
Cover of the book The Soulful Science by Diane Coyle, Princeton University Press
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Author: Diane Coyle ISBN: 9781400833689
Publisher: Princeton University Press Publication: December 7, 2009
Imprint: Princeton University Press Language: English
Author: Diane Coyle
ISBN: 9781400833689
Publisher: Princeton University Press
Publication: December 7, 2009
Imprint: Princeton University Press
Language: English

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.

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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.

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