Wednesday, March 23, 2005

A Defense of Economics

Economics Wins, Psychology Loses, and Society Pays by Max Bazerman, Deepak MalhotraThe short version of the Bazerman and Malhotra chapter is that the authors believe that economics has come to dominate (to the exclusion of other fields) the social sciences and political arena. (Somewhat analogous to the idea that rational economics has dominated in finance to the detriment of psychology and

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