Is U Utilitarianism in Economics?

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I think it plays into one of the big divides that we sing in all our societies, which is that most people don't move very much. Want to live in a place that's nice, so that has good public services and the high street looks good. The lesson i take from that for economics is that sometimes you override efficiency criteria to make sure that y has that. But as i've got older, i've found utilitarianism less and less attractive. Thit's not irrelevant, but as a guide to living, i think it's herrific.

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.