Re Reading Economics In Literature

In Austrian economic thought, “human action” guides all social and cultural experience. For both the real world and for fictional texts, this starting point can illuminate literature in new ways and offer valuable insight for literary critics who have previously been beholden to Marxism and other anti-capitalist perspectives. In Re-Reading Economics in Literature: A Capitalist Critical Perspective, Matt Spivey posits that in its relationship to literature, Austrian economic criticism entails a methodology that embraces the following: 1) an analytical reading that promotes both the individual artist as the creator of literature and the individual reader as the consumer of literature; 2) an understanding of the entrepreneurial quality of literature, that capitalism is a system that embraces creativity and evolution in the marketplace; and 3) a recognition of subjective value as fundamental to human choice and action, both in art and in the real world. In addition to the study of the individual, Spivey also incorporates the concepts of business cycles, government intervention, social dynamics, and technological evolution in his analysis. Scholars of literary studies and economics will find this book particularly useful.

From Nobel Prize–winning economist and New York Times bestselling author Robert Shiller, a groundbreaking account of how stories help drive economic events—and why financial panics can spread like epidemic viruses Stories people tell—about financial confidence or panic, housing booms, or Bitcoin—can go viral and powerfully affect economies, but such narratives have traditionally been ignored in economics and finance because they seem anecdotal and unscientific. In this groundbreaking book, Robert Shiller explains why we ignore these stories at our peril—and how we can begin to take them seriously. Using a rich array of examples and data, Shiller argues that studying popular stories that influence individual and collective economic behavior—what he calls "narrative economics"—may vastly improve our ability to predict, prepare for, and lessen the damage of financial crises and other major economic events. The result is nothing less than a new way to think about the economy, economic change, and economics. In a new preface, Shiller reflects on some of the challenges facing narrative economics, discusses the connection between disease epidemics and economic epidemics, and suggests why epidemiology may hold lessons for fighting economic contagions.

This book contrasts the economic policies and results of Hong Kong and Cuba in the post-war period. It examines the key role played by John Cowperthwaite and Che Guevara in establishing their economic philosophies. Having executed their distinct policies for over 60 years the two economies are a remarkable economic natural experiment.

A rich vein of economics writings which runs through the nineteenth century and beyond is now largely ignored because its authors were women or because they favoured literary over scientific forms. Economics as Literature re-examines some of the most interesting texts from within this tradition. The works considered include: *stories (eg by Maria Edgeworth and Harriet Martineau) *dialogues (eg by Jane Marcet and Thomas de Quincey) *'imaginative' writing (eg from Ruskin and Francis Edgeworth) *Keynes' General Theory which is locked within a nineteenth century 'tradition' of uniting science and art.

After retiring from a lifetime of teaching literature, Patricia Meyer Spacks embarked on a year-long project of rereading dozens of novels: childhood favorites, fiction first encountered in young adulthood and never before revisited, books frequently reread, canonical works of literature she was supposed to have liked but didn’t, guilty pleasures (books she oughtn’t to have liked but did), and stories reread for fun vs. those read for the classroom. On Rereading records the sometimes surprising, always fascinating, results of her personal experiment. Spacks addresses a number of intriguing questions raised by the purposeful act of rereading: Why do we reread novels when, in many instances, we can remember the plot? Why, for example, do some lovers of Jane Austen’s fiction reread her novels every year (or oftener)? Why do young children love to hear the same story read aloud every night at bedtime? And why, as adults, do we return to childhood favorites such as The Hobbit, Alice in Wonderland, and the Harry Potter novels? What pleasures does rereading bring? What psychological needs does it answer? What guilt does it induce when life is short and there are so many other things to do (and so many other books to read)? Rereading, Spacks discovers, helps us to make sense of ourselves. It brings us sharply in contact with how we, like the books we reread, have both changed and remained the same.

The economy isn’t just for the economists to debate on. All of us are affected by its ups and downs—global recession, rise in interest rates, or hike in food prices. But do we understand the principles at work and how and why they really affect us? Day to Day Economics is an enjoyable, accessible, and extremely user-friendly book that explains the modern day Indian economy to the layperson. In this relevant book, Professor Deodhar explains the role of the government and its involvement in different aspects of the economy; the need for the RBI and its functions; and how taxes, stock markets, and recessions work. Day to Day Economics will help you go beyond the facts and figures in the budget and connect the trends to your daily life. As with all IIMA Business Books, it comes illustrated with numerous Indian examples and case studies making this the ultimate rookie’s guide to the Indian economy.

This book gives an overview of the key issues related to books and reading within the field of cultural economics and identifies additional lacunae in this area of research. The field of cultural economics is surprisingly short on research on the book market and on the activity of reading compared with other more recently invented media such as films and musical recordings. In addition, books and reading are strongly impacted by the disruptive innovations of digital technology and the use of online distribution platforms that fuel much of the research on the more recently invented cultural media. This book shows that the area of books and reading has had contributions in historically established areas of cultural economics and those currently exciting attention - chiefly with respect to digital disruption. Finally, it explains how books and reading are a fully developed rational addition model rather than something just based on the addition of past behaviour. Previously published in Journal of Cultural Economics Volume 43, issue 4, December 2019