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

Author

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  • Diane Coyle

Abstract

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.

Suggested Citation

  • Diane Coyle, 2010. "The Soulful Science: What Economists Really Do and Why It Matters: Revised Edition," Economics Books, Princeton University Press, edition 1, number 9026.
    • Handle: RePEc:pup:pbooks:9026
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    Citations

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    Cited by:

    1. Arne Heise, 2014. "The Future of Economics in a Lakatos–Bourdieu Framework," International Journal of Political Economy, Taylor & Francis Journals, vol. 43(3), pages 70-93, July.
    2. Marosán, György, 2007. "A proszociális értékek evolúciója a játékelméleti kísérletek tükrében [The evolution of pro-social values, in the light of game-theory experiments]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 716-733.
    3. Andreia Tolciu, 2010. "The Economics of Social Interactions: An Interdisciplinary Ground for Social Scientists?," Forum for Social Economics, Springer;The Association for Social Economics, vol. 39(3), pages 223-242, October.
    4. Sergios Tzotzes & Dimitris Milonakis, 2021. "Paradigm Change or Assimilation? The Case of Behavioral Economics," Review of Radical Political Economics, Union for Radical Political Economics, vol. 53(1), pages 173-192, March.
    5. Røpke, Inge, 2020. "Econ 101—In need of a sustainability transition," Ecological Economics, Elsevier, vol. 169(C).

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