RSA Thursday - The Romantic Economist: Imagination in Economics
29th Jan 2009; 13:00
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Richard Bronk visits the RSA to offer a highly original analysis of economic activity, which looks beyond rationalism, to address the imaginative, creative and social aspects of economies.
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 models and narrow rationalistic assumptions?
In an intriguing and timely new book, which draws together orthodox economics, philosophy and literary criticism, Richard Bronk encourages economists and other social scientists to broaden their analytical repertoire and to learn from the insights into human action of Romantic writers.
By bridging the divide between literature and science, and between Romanticism and narrow forms of Rationalism, Bronk argues that we can find fresh, perhaps unexpected, and certainly vitally necessary, new ways to enrich and improve our economic thinking.
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