Cents and Sensibility: What Economics Can Learn from the Humanities

From Brexit to Russia’s self-destructive response to U.S. sanctions, economists’ predictions have missed the mark recently on several important fronts. So what can be done to make economic models more accurate and more reflective of actual human behavior? In their new book, “Cents and Sensibility: What Economics Can Learn from the Humanities,” Northwestern University president and economics professor Morton Schapiro and Slavic languages and literatures professor Gary Saul Morson discuss how the field of economics would benefit from collaboration with scholars of literature and the humanities. Purchase a hardcopy or e-book edition of "Cents and Sensibility: What Economics Can Learn from the Humanities" through Princeton University Press.