What happens when an experienced economist and an English literature expert have a proper conversation? Quite a lot as it turns out. Morton Schapiro and Saul Morson have written an outstanding book on what economists can learn from the humanities. They argue that Adam Smith’s heirs include Jane Austen, Anton Chekhov and Leo Tolstoy – and that economists need a richer appreciation of behaviour, ethics, culture, and narrative – all of which the great writers teach better than anyone. Russell Napier joins the duo in conversation.
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The Library of Mistakes