Cogs and monsters : what economics is, and what it should be

상세정보

자료유형	단행본
서명/저자사항	Cogs and monsters: what economics is, and what it should be / Diane Coyle.
개인저자	Coyle, Diane, author.
발행사항	Princeton: Princeton University Press, 2021.
형태사항	vii, 257 p. ; 23 cm.
기타형태 저록	Cogs and monsters: what economics is, and what it should be 9780691231037
ISBN	9780691210599 (hardcover ; alk. paper) : 9780691231037 (ebook)
서지주기	Includes bibliographical references (p. 221-239) and index.
내용주기	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.
요약	"How economics needs to change to keep pace with the twenty-first century and the digital economy"--
요약	"How economics needs to change to keep pace with the twenty-first century and the digital economyDigital 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"--
해제	Provided by publisher.
해제	Provided by publisher.
일반주제명	Electronic commerce --History --21st century. Digital media --History --21st century. Economics --History --21st century. BUSINESS & ECONOMICS / Economics / General BUSINESS & ECONOMICS / Public Finance
분류기호(DDC)	330
언어	영어