Cents and Sensibility: What Economics Can Learn from the Humanities
Economists have persuaded themselves that their discipline has achieved the status of a hard science and so they make policy recommendations with great confidence, which repeated failures does not diminish. In their book CENTS AND SENSIBILITY: WHAT ECONOMISTS CAN LEARN FROM THE HUMANITIES, Morton Schapiro and Gary Saul Morson argue that standard economic modeling can take us only so far, and that economists could benefit from insights gleaned from the humanities. The talk will describe three areas where such insights would help.
This event is co-sponsored by the DLCL Writing and Money Research Unit, the Department of Comparative Literature, and the Department of Slavic Languages and Literatures.
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