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Paperback The Romantic Economist: Imagination in Economics Book

ISBN: 0521735157

ISBN13: 9780521735155

The Romantic Economist: Imagination in Economics

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Format: Paperback

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Book Overview

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. In this book, Richard Bronk argues that economists can best model and explain these...

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