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Cents and Sensibility: What Economics Can Learn from the Humanities
— —
Gary Saul Morson Morton Schapiro
Cents and Sensibility: What Economics Can Learn from the Humanities by Gary Saul Morson at Abbey's Bookshop,

Cents and Sensibility: What Economics Can Learn from the Humanities

Gary Saul Morson Morton Schapiro


9780691183220

Princeton University Pres


Higher & further education, tertiary education;
Business & Economics;
Economics;
Behavioural economics


Paperback

320 pages

$41.99
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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. Arguing that Adam Smith's heirs include Austen, Chekhov, and Tolstoy as much as Keynes and Friedman, 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 ethics, The Theory of Moral Sentiments. The authors 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. More than anyone, the great writers can offer economists something they need-a richer appreciation of behavior, ethics, culture, and narrative. Original, provocative, and inspiring, Cents and Sensibility demonstrates the benefits of a dialogue between economics and the humanities and also shows how looking at real-world problems can revitalize the study of literature itself. Featuring a new preface, this book brings economics back to its place in the human conversation.

By:   Gary Saul Morson, Morton Schapiro
Imprint:   Princeton University Pres
Country of Publication:   United States
Dimensions:   Height: 216mm,  Width: 140mm, 
ISBN:   9780691183220
ISBN 10:   0691183228
Pages:   320
Publication Date:   July 2018
Audience:   College/higher education ,  Professional and scholarly ,  Primary ,  Undergraduate
Format:   Paperback
Publisher's Status:   Unspecified

Gary Saul Morson is the Lawrence B. Dumas Professor of the Arts and Humanities and professor of Slavic languages and literatures at Northwestern University. His many books include Narrative and Freedom, Anna Karenina in Our Time, and The Words of Others: From Quotations to Culture. Morton Schapiro is the president of Northwestern University and a professor of economics. His many books include The Student Aid Game (Princeton). Morson and Schapiro are also the editors of The Fabulous Future?: America and the World in 2040.


An insightful and compelling argument. Morton and Schapiro succeed in finding new ways of thinking about big issues as well as new ways to read classic novels. . . . There's immense joy to be found throughout this work on thinking with creativity and passion. --Publishers Weekly This is a bracing, original work. --Roger Lowenstein, Washington Post An eloquent defense of the humanities against fanatical advocates for STEM. --Deidre McCloskey, Wall Street Journal

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