Thursday, June 16, 2005

On more human economic models

The Mysterious Disappearance of James Duesenberry talks about the increasing receptiveness of economists to insight from other social sciences. It is only logical that it happens in a subject which is after all not a hard science. Putting in the rigor and methods of scientist is well and good if we don't forget that the bedrock of this subject is human activity and understanding human beings is extremely important to gain deeper insights and develop better theories. More reasons for having multidisciplinary curricula!

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