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Cogs and monsters : what economics is, and what it should be / / Diane Coyle



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Autore: Coyle Diane Visualizza persona
Titolo: Cogs and monsters : what economics is, and what it should be / / Diane Coyle Visualizza cluster
Pubblicazione: Princeton ; ; Oxford : , : Princeton University Press, , 2021
Descrizione fisica: vii, 257 pages
Disciplina: 330
Soggetto topico: economics
digital economy
innovation
history
Soggetto non controllato: Adoption
Advocacy
Alan Greenspan
Arrow's impossibility theorem
Artificial neural network
Austerity
Big government
Billionaire
Brown University
Calculation
Capability (systems engineering)
Central bank
Civic engagement
Competition and Markets Authority
Competitiveness
Conventional wisdom
David Colander
Democracy
Digital economy
Economic statistics
Economics
Economist
Economy of Italy
Economy
Efficient-market hypothesis
Everyday life
Expense
Externality
Financial crisis of 2007–08
Financial crisis
Food bank
Globalization
Government
Homo economicus
Human science
Implementation
Incentive
Inflation
Inseparability
Institutional economics
Insurance policy
John Rawls
Kenneth Arrow
Keynesian economics
Knowledge spillover
Legitimacy (political)
Literature
Macroeconomics
Mainstream economics
Marginal cost
Minarchism
Monetarism
Monetary policy
Money supply
Nate Silver
Neoliberalism
Network theory
New neoclassical synthesis
Paul Romer
Payment
Philosopher
Policy
Political economy
Political science
Politician
Politics
Power supply unit (computer)
Pragmatism
Production function
Profession
Psychological well-being
Quality management
Radio spectrum
Real estate economics
Recession
Reputation
Research and development
Rhetorical question
Road pricing
Rule of thumb
School of thought
Small government
Social cost
Social structure
Socialist calculation debate
Sputnik crisis
Suggestion
Supply chain
Supporter
Technocracy
Test score
Thomas Robert Malthus
Trade association
Transport economics
Undergraduate degree
Undergraduate education
Unemployment
Unpopularity
Utilitarianism
Year
Classificazione: BUS069000BUS051000
Nota di bibliografia: Includes bibliographical references and index.
Nota di contenuto: Introduction: Economics Today and Tomorrow -- The Public Responsibilities of the Economist -- The Economist as Outsider -- AIs, Rats and Humans -- Cogs and Monsters -- Changing Technology, Changing Economics.
Sommario/riassunto: "How economics needs to change to keep pace with the twenty-first century and the digital economy Digital technology, big data, big tech, machine learning, and AI are revolutionizing both the tools of economics and the phenomena it seeks to measure, understand, and shape. In Cogs and Monsters, Diane Coyle explores the enormous problems-but also opportunities-facing economics today if it is to respond effectively to these dizzying changes and to help policymakers solve the world's crises, from pandemic recovery and inequality to slow growth and the climate emergency. Mainstream economics, Coyle says, still assumes people are "cogs"-self-interested, calculating, independent agents interacting in defined contexts. But the digital economy is much more characterized by "monsters"-untethered, snowballing, and socially influenced unknowns. What is worse, by treating people as cogs, economics is creating its own monsters, leaving itself without the tools to understand the new problems it faces. In response, Coyle asks whether economic individualism is still valid in the digital economy, whether we need to measure growth and progress in new ways, and whether economics can ever be objective, since it influences what it analyzes. Just as important, the discipline needs to correct its striking lack of diversity and inclusion if it is to be able to offer new solutions to new problems.Filled with original insights, Cogs and Monsters offers a roadmap for how economics can adapt to the rewiring of society, including by digital technologies, and realize its potential to play a hugely positive role in the twenty-first century"--
Titolo autorizzato: Cogs and monsters  Visualizza cluster
ISBN: 0-691-23103-6
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910554276703321
Lo trovi qui: Univ. Federico II
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