Diane Coyle talks about her book, The Soulful Science, in the latest episode of EconTalk. It’s a very nice overview of the state of economic research today. And while I think she is overly confident about what we know and don’t know, her book is a very thoughtful introduction to what is going on in the field. Our conversation focuses on growth, the measurement of happiness, and the interaction of economics with the other social sciences.
Coyle on the soulful science
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The most revealing part of the interview was the last minute when Diane Coyle said she should have banned the sale of extended warranties at stores. Hard for me to understand how government regulators have a role there. And Russ, you almost had a Larry Summers moments.
Ah, another uber socialist! Who cares what they think!
Good interview, but the "even worse than ours" European obsession with antitrust gives me the willies.