The Romantic Economist

Imagination in Economics

Inbunden, Engelska, 2009

AvRichard Bronk,Richard (London School of Economics and Political Science) Bronk

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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 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.

Produktinformation

Utgivningsdatum2009-02-05
Mått152 x 229 x 22 mm
Vikt710 g
FormatInbunden
SpråkEngelska
Antal sidor402
FörlagCambridge University Press
ISBN9780521513845

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Richard Bronk spent the first seventeen years of his career working in the City of London, where he gained a wide expertise in international economics, business, and politics. He is now a writer and part-time academic, and a Visiting Senior Fellow in the European Institute at the London School of Economics and Political Science. For longer list of reviews for The Romantic Economist and recent articles by Richard Bronk on the role of imagination in economics, see: https://imaginationineconomics.com.

Preface; Acknowledgements; 1. Preface to The Romantic Economist; Part I. The Prelude: The Romantic Economist and the History of Ideas: 2. The great divide; 3. Debates within political economy; 4. Lessons from Romanticism; Part II. Fragments of Unity: Romantic Economics in Practice: 5. Using organic metaphors in economics; 6. Economics and the nation state; 7. Incommensurable values; 8. Imagination and creativity in markets; 9. Homo romanticus and other homines; 10. Imagination and perspective in economics; 11. The Romantic economist: conclusion.

'The Romantic Economist is a miracle, combining sophisticated economics with, of all things, sophisticated literary criticism - in aid of the economics. An economics that recognized our Wordsworthian selves, Richard Bronk argues in a lucid and learned style, would do much better at the analysis of getting and spending. The world is too much with us if we do not have a humanistic science of economics. Bronk is among the handful of modern students of the economy who sees this clear. Literary folk can learn from Bronk about the dismal science. But it is the tribe of the Econ who need him most. Fortunately they will find the needful assignment here a delight.' Deirdre McCloskey, author of The Bourgeois Virtues: Ethics for an Age of Commerce (2006)

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