Diane Coyle on Cogs and Monsters
Is economics fit for the modern world?
That’s the basic question posed in Cogs and Monsters, the new book from Diane Coyle, one of Britain’s most eminent economists and our guest this week.
Part critique of her own profession, part manifesto for a better, more up-to-date economics, Diane’s book goes beyond the standard criticisms of economics and gets into the the really big issues - not least, what should the role of an economist actually be? Should economics describe the world as it is, or as it should be? How can economists deal with a world of AI, big tech and big data?
Diane is as well…
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