This week's econ talk is part of the library of economics and liberty. Russ roberts: Maybe it's time to think about government a different, different kind of social insurance role. My guest, tada, has been to an coil her books, cogs and monsters. A sound engineer fore con talk as rich coyette.
Mainstream economics, says author Diane Coyle, keeps treating people like cogs: self-interested, rational agents. But in the digital economy, we're less sophisticated consumer and more monster under the influece of social media. Listen as the economist and former UK Treasury advisor tells EconTalk host Russ Roberts how, for economics to remain relevant, it needs both more diverse methodologies and more engagement with the broader issues of the day.