Diane Coyle ist eine führende Stimme im Verständnis der Komplexität der modernen Wirtschaftswissenschaften, wobei sie sich auf die entscheidende Rolle von Daten und Informationen bei politischen Entscheidungen konzentriert. Ihre Arbeit untersucht die tiefgreifenden Auswirkungen von Globalisierung und technologischen Veränderungen auf unsere Volkswirtschaften. Sie befasst sich mit der Geschichte und den Auswirkungen wichtiger Wirtschaftsindikatoren und bietet kritische Einblicke, wie wir den wirtschaftlichen Fortschritt messen. Ihre Forschung liefert wesentliche Perspektiven für die Bewältigung der Herausforderungen der Wirtschaft des 21. Jahrhunderts.
Outdated economic metrics from the 1940s fail to address today's digital economy, distorting policymakers' understanding and responses. Diane Coyle highlights the importance of accurate economic statistics in shaping effective policies that impact people's lives. She argues that current challenges, including stagnant living standards despite technological innovation, necessitate a new framework for data collection and analysis. Coyle suggests that revising our approach to economic measurement is essential for fostering equitable growth and navigating contemporary political and economic landscapes.
"How economics needs to change to keep pace with the twenty-first century and the digital economyDigital technology, big data, big tech, machine learning, and AI are revolutionizing both the tools of economics and the phenomena it seeks to measure, understand, and shape. In Cogs and Monsters, Diane Coyle explores the enormous problems-but also opportunities-facing economics today if it is to respond effectively to these dizzying changes and to help policymakers solve the world's crises, from pandemic recovery and inequality to slow growth and the climate emergency.Mainstream economics, Coyle says, still assumes people are "cogs"-self-interested, calculating, independent agents interacting in defined contexts. But the digital economy is much more characterized by "monsters"-untethered, snowballing, and socially influenced unknowns. What is worse, by treating people as cogs, economics is creating its own monsters, leaving itself without the tools to understand the new problems it faces. In response, Coyle asks whether economic individualism is still valid in the digital economy, whether we need to measure growth and progress in new ways, and whether economics can ever be objective, since it influences what it analyzes. Just as important, the discipline needs to correct its striking lack of diversity and inclusion if it is to be able to offer new solutions to new problems.Filled with original insights, Cogs and Monsters offers a roadmap for how economics can adapt to the rewiring of society, including by digital technologies, and realize its potential to play a hugely positive role in the twenty-first century"-- Provided by publisher
Focusing on the interplay between markets, government, and society, this textbook explores how decisions regarding the use and allocation of economic resources are made. It critiques traditional public policy approaches that prioritize macroeconomic policies and fiscal strategies, emphasizing instead the significance of governmental institutions in fostering growth and societal progress. Through this lens, the book offers insights into the complex dynamics that shape economic decision-making within various social contexts.
"To many, Thomas Carlyle's put-down of economics as "the dismal science" is as fitting now as it was 150 years ago, but Diane Coyle argues that economics today is more soulful than dismal, a more practical and human science than ever before. In contrast to Freakonomics, which applied economics to unlikely or even eccentric subjects such as baby names and drug gangs, The Soulful Science describes the remarkable creative renaissance in how economics is addressing the most fundamental questions - and how it is starting to help solve problems such as poverty and global warming. A lively and entertaining tour of the most exciting new economic thinking about big-picture problems, The Soulful Science uncovers the hidden humanization of economics over the past two decades "--
Was haben Angebot und Nachfrage oder der Aufbau eines Monopols mit Sex zu tun? Welche Auswirkungen haben Eingriffe der Regierung auf den Preis meiner Tasse Kaffee zum Frühstück? Warum laufen im Radio immer die gleichen Lieder? Sex, Drugs & Economics ermöglicht einen absolut unverkrampften Eintritt in die Welt der Wirtschaft, die sich vielen „Neulingen“ sonst als trocken und ernst präsentiert. Das gelingt Diane Coyle, indem sie dem Leser die Augen für den unmittelbarsten Zugang zu scheinbar komplizierten Wirtschaftsthemen öffnet: das eigene Leben. Unterhaltsam und ganz ohne komplexe Theorien oder unüberwindbare Zahlen- und Faktenberge wird so verständlich, wie Wirtschaft heute funktioniert. Das ideale Buch zum Verschenken und Selber-Schenken. „Noch nie wurde besser beschrieben, wie man das Leben mit den Augen eines Ökonomen wahrnimmt...“ meint niemand Geringerer als Paul Krugman.
This work examines both the need for worldwide change and the folly of those who link that capitalism and globalization is anything but increasing property in both urban neighbourhoods and in developing countries
