Cambridge University Press (2009)

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. 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
Keywords Economics  Romanticism Economic aspects  Economics Philosophy
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Call number HB71.B7786 2009
ISBN(s) 0521513847   9780521513845   0521735157
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Hayek on the Wisdom of Prices: A Reassessment.Richard Bronk - 2013 - Erasmus Journal for Philosophy and Economics 6 (1):82-107.
The Grounds of Solidarity: From Liberty to Loyalty.Fabio Wolkenstein & Jakob Kapeller - 2013 - European Journal of Social Theory 16 (4):476-491.
Reseñas de Libros.Ramón A. Feenstra & Elena Martínez Santamaría - 2012 - Recerca.Revista de Pensament I Anàlisi 12:163-171.

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