Diane Coyle on the Soulful Science

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4.7 • 4.4K Ratings

🗓️ 14 April 2008

⏱️ 64 minutes

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Summary

Diane Coyle talks with EconTalk host Russ Roberts about the ideas in her new book, The Soulful Science: What Economists Really Do and Why it Matters. The discussions starts with the issue of growth--measurement issues and what economists have learned and have yet to learn about why some nations grow faster than others and some don't grow at all. Subsequent topics include happiness research, the politics and economics of inequality, the role of math in economics, and policy areas where economics has made the greatest contribution.

Transcript

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0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:12.5	I'm your host Russ Roberts of George Mason University and Stanford University's Hoover
0:17.3	Institution.
0:18.7	Our website is econtalk.org where you can subscribe, find other episodes, comment on this podcast,
0:25.8	and find links to other information related to today's conversation.
0:29.9	Our email address is mailadicontalk.org.
0:33.6	We'd love to hear from you.
0:38.0	Diane Coil is that rare commodity on economists who can write.
0:42.0	She has written three books, is a visiting professor at the University of Manchester,
0:46.4	and runs an economics consulting firm in Lightment Economics.
0:50.6	Her latest book is The Soulful Science, what economists really do and why it matters.
0:55.7	Diane, welcome to Econ Talk.
0:57.2	It's great to be here talking to you.
0:59.7	The Soulful Science is a wonderfully accessible and thorough overview of the last 30 or so
1:04.6	years of economic research.
1:06.8	The book opens with a discussion of topics that we've spent a lot of time here talking
1:10.8	about growth and poverty.
1:13.4	And I'd like you to start by giving us an overview as you do in the book of how the thinking
1:18.0	of economists has changed over the last half century or so, particularly on growth,
1:23.6	but also the related topic of poverty.
1:27.2	What have we learned that is true and not true?
1:29.9	What are some of the false terms we took in our research?
	...

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