Cents and Sensibility: What Economics Can Learn from the Humanities

Description

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

Gary Saul Morson is the Lawrence B. Dumas Professor of the Arts and Humanities and professor of Slavic languages and literatures at Northwestern University. Morton Schapiro is the president of Northwestern University and a professor of economics.

"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 "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