Economics Has What the Humanities Need (and Vice Versa)

Authors of the recent book, Cents and Sensibility: What Economics Can Learn from the Humanities, Schapiro and Morson believe that both the humanities and economics could contribute much to the other. The humanities have become too arid and formalistic, they argue; economics has become too “mathematical” and focused on what can be measured than what should be achieved. Their objective is to encourage the unification of the two fields — a Herculean task, certainly, but they take the first steps in that direction.

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