Wednesday, November 08, 2017

Very interesting article

 This link was posted on a Jane Austen blog today.  I really thought it made a lot of good points.


By allowing university humanities courses to slip into decline, society risks losing key tools that could help solve a host of ills — notably including economic ones, notes this op-ed by Gary Saul Morson, the Lawrence B. Dumas Professor of the Arts and Humanities at Northwestern University, and Morton Schapiro, a professor of economics and the president of Northwestern University. They are the authors of Cents and Sensibility: What Economics Can Learn from the Humanities, Princeton University Press, 2017, from which this essay is based. The authors were also interviewed about their book recently in this Knowledge@Wharton article, “Why Economists Must Go Beyond the Numbers.”

http://knowledge.wharton.upenn.edu/article/could-a-bit-of-tolstoy-and-austen-improve-economic-forecasting/