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Psychological Contributions to 21st-Century Research in Economics

<p> The Soulful Science: What Economists Really Do and Why It Matters focuses on the latest developments in the field of economics with a focus on addressing recent criticisms of the discipline for being “mechanistic, mathematical, removed from the real world, reductionist” (p. 235). The author, Diane Coyle, a British writer and visiting professor at the University of Manchester, provides abundant examples of economics research that employs findings and techniques from psychology, sociology, political science, and anthropology. In brief, the author argues that economics has been changing dramatically in recent times, but its progress has been unnoticed by the general public. She argues that the criticism is directed toward a “caricature” of economics that is no longer regarded as the leading paradigm within the discipline. The book's purpose is to familiarize the public with recent developments in the “social science” of economics.</p> <p>The audience for this book includes anyone (either nonspecialist or professional) who is interested in the implications of economics on policy making. The book is useful as an update to what is happening in modern economics. Teachers in the field can borrow ideas to tune their courses to the state-of-the-art research conducted in the discipline. Researchers http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png PsycCRITIQUES PsycCRITIQUES®

Psychological Contributions to 21st-Century Research in Economics

Abstract

<p> The Soulful Science: What Economists Really Do and Why It Matters focuses on the latest developments in the field of economics with a focus on addressing recent criticisms of the discipline for being “mechanistic, mathematical, removed from the real world, reductionist” (p. 235). The author, Diane Coyle, a British writer and visiting professor at the University of Manchester, provides abundant examples of economics research that employs findings and techniques from psychology, sociology, political science, and anthropology. In brief, the author argues that economics has been changing dramatically in recent times, but its progress has been unnoticed by the general public. She argues that the criticism is directed toward a “caricature” of economics that is no longer regarded as the leading paradigm within the discipline. The book's purpose is to familiarize the public with recent developments in the “social science” of economics.</p> <p>The audience for this book includes anyone (either nonspecialist or professional) who is interested in the implications of economics on policy making. The book is useful as an update to what is happening in modern economics. Teachers in the field can borrow ideas to tune their courses to the state-of-the-art research conducted in the discipline. Researchers
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