For many, Thomas Carlyle's put-down of economics as "the dismal science" rings true--especially in the aftermath of the crash of 2008. But Diane Coyle argues that economics today is more soulful than dismal, a more practical and human science than ever before. The Soulful Science describes the remarkable creative renaissance in economics, how economic thinking is being applied to the paradoxes of everyday life.
This revised edition incorporates the latest developments in the field, including the rise of behavioral finance, the failure of carbon trading, and the growing trend of government bailouts. She also discusses such major debates as the relationship between economic statistics and presidential elections, the boundary between private choice and public action, and who is to blame for today's banking crisis.
Princeton University Press; December 2009
- ISBN: 9781400833689
- Read online, or download in secure PDF or secure ePub format
- Title: The Soulful Science
- Author: Diane Coyle
Imprint: Princeton University Press
In The Press
"Coyle is a talented writer and her book shows that good communication skills, to and with readers, assure wide appeal to almost the entire spectrum of economic thinkers."---Liviu Drugus, European Legacy
About The Author
Diane Coyle is a writer and Harvard economics PhD. A member of the BBC Trust and the UK Competition Commission, and a visiting professor at the University of Manchester, she also runs an economic consulting firm, Enlightenment Economics.