The Soulful Science: What Economists Really Do and Why It Matters - Revised Edition by Diane CoyleThe Soulful Science: What Economists Really Do and Why It Matters - Revised Edition by Diane Coyle

The Soulful Science: What Economists Really Do and Why It Matters - Revised Edition

byDiane Coyle

Paperback | December 27, 2009

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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.

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.
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Title:The Soulful Science: What Economists Really Do and Why It Matters - Revised EditionFormat:PaperbackDimensions:304 pagesPublished:December 27, 2009Publisher:Princeton University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0691143161

ISBN - 13:9780691143163

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Table of Contents

Acknowledgements vii

Introduction 1

Prologue to Part1 9





Part 1. The Mysteries of Wealth and Poverty 11





Chapter One: The History Detectives 13

Chapter Two: What Makes Economies Grow? 39

Chapter Three: How to Make Poverty History 68

Prologue to Part 2 103





Part 2. Are Individuals Free to Choose? 105





Chapter Four: What's It All About? 107

Chapter Five: Economics for Humans 128

Chapter Six: Information and Markets 156

Prologue to Part 3 185





Part 3. Nature, Markets, and Society 187





Chapter Seven: Murderous Apes and Entrepreneurs 189

Chapter Eight: Economy versus Society 213

Chapter Nine: Why Economics Has Soul 242





References 273

Index 289


Editorial Reviews

"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