Ship-Ship-Hooray! Free Shipping on $25+ Details >
Romantic Economist

Romantic Economist - 09 edition

Romantic Economist - 09 edition

ISBN13: 9780521735155

ISBN10: 0521735157

Romantic Economist by Richard Bronk - ISBN 9780521735155
Edition: 09
Copyright: 2009
Publisher: Cambridge University Press
Published: 2009
International: No
Romantic Economist by Richard Bronk - ISBN 9780521735155

ISBN13: 9780521735155

ISBN10: 0521735157

Edition: 09

Summary

Since economies are dynamic processes driven by creativity, social norms, and emotions as well as rational calculation, why do economists largely study them using static equilibrium models and narrow rationalistic assumptions? Economic activity is as much a function of imagination and social sentiments as of the rational optimisation of given preferences and goods. Richard Bronk argues that economists can best model and explain these creative and social aspects of markets by using new structuring assumptions and metaphors derived from the poetry and philosophy of the Romantics. By bridging the divide between literature and science, and between Romanticism and narrow forms of Rationalism, economists can access grounding assumptions, models, and research methods suitable for comprehending the creativity and social dimensions of economic activity. This is a guide to how economists and other social scientists can broaden their analytical repertoire to encompass the vital role of sentiments, language, and imagination.

Top Arrow

Top