The Romantic Economist: Imagination in Economics

The Romantic Economist Imagination in Economics Since economies are dynamic processes driven by creativity social norms and emotions as well as rational calculation why do economists largely study them using static equilibrium models and narrow

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  • Title: The Romantic Economist: Imagination in Economics
  • Author: Richard Bronk
  • ISBN: 9780521513845
  • Page: 435
  • Format: Hardcover
  • Since economies are dynamic processes driven by creativity, social norms, and emotions as well as rational calculation, why do economists largely study them using static equilibrium models and narrow rationalistic assumptions Economic activity is as much a function of imagination and social sentiments as of the rational optimisation of given preferences and goods In thisSince economies are dynamic processes driven by creativity, social norms, and emotions as well as rational calculation, why do economists largely study them using static equilibrium models and narrow rationalistic assumptions Economic activity is as much a function of imagination and social sentiments as of the rational optimisation of given preferences and goods In this book, Richard Bronk argues that economists can best model and explain these creative and social aspects of markets by using new structuring assumptions and metaphors derived from the poetry and philosophy of the Romantics By bridging the divide between literature and science, and between Romanticism and narrow forms of Rationalism, economists can access grounding assumptions, models, and research methods suitable for comprehending the creativity and social dimensions of economic activity This is a guide to how economists and other social scientists can broaden their analytical repertoire to encompass the vital role of sentiments, language, and imagination.

    One thought on “The Romantic Economist: Imagination in Economics”

    1. Un llamado a usar la imaginación en la construcción de mejores modelos económicos, a dejar de lado al Homo Economicus como paradigma central del pensamiento económico y abrazar una construcción que mezcle a los otros dos "hominidos" el Homo Sociologicus y el Homo Romanticus. El libro toma prestadas ideas de la filosofía del romanticismo del siglo XIX y de nuevas ideas en el campo como la Teoria de la Complexidad entre otras, para desafiar y tratar de complementar la "Rational Choice Theory [...]

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