The New Theories of Moral Sentiments
The economic historian who is bringing love, faith, courage and virtue back into her discipline.
Ms. McCloskey sees a problem in the way that economic models are dominated by a strange, sociopathic character—"Max U" as she calls him, referring to the standard economic problem of maximizing utility subject to various constraints. Her own scholarly work has become increasingly focused on bringing love, hope, faith, courage and other virtues back into economics.Mais
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