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Why Economists Must Go Beyond the Numbers
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Why Economists Must Go Beyond the Numbers

Knowledge at Wharton·@HashtagPLUS·7 months ago
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When economists are trying to understand the economics of growth, they usually go by the numbers. Yet, not only don’t the numbers always add up, they also lack the dimension and context needed to solve some of the world’s most perplexing problems. That is the view of Morton Schapiro, an economist who is also president of Northwestern University, and Gary Saul Morson, a professor of Slavic languages and literature there. In this interview, they make the case for a broader perspective as presented in their book, Cents and Sensibility: What Economics Can Learn From The Humanities . The authors argue that economists need to consider culture, art, history and a host of other disciplines when formulating economic policy, in this Knowledge at Wharton radio show interview on SiriusXM channel 111 .…

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