Bruno S. Frey illustrates what he perceives to be the inspirational quality of economics and how this differs from the type of economics studied in many academic institutions. He introduces insights into economics from a psychological perspective, dealing with issues such as transformation of...

What makes people happy in life? This crucial question has the potential to shake up economics. In recent years, dissatisfaction with the understanding of welfare in economics and new opportunities for empirical study of people's subjective well-being have spurred impressive and stimulating new...

Despite the social importance of awards, they have been largely disregarded by academic research in economics. This paper investigates whether a specific, yet important, award in economics, the John Bates Clark Medal, raises recipients' subsequent research activity and status compared to a...

Introduction (Bruno S. Frey and Christoph A. Schaltegger) -- Christine Benesch recommends “Mostly Harmless Econometrics: An Empiricist's Companion” by Joshua D. Angrist and Jörn-Steffen Pischke (Christine Bensch) -- Matthias Benz recommends “The Political Economy of Government...

Economics is a science that can contribute substantial powerful and fresh insights! This book collects essays by leading academics that evaluate the scholarly importance of contemporary economic ideas and concepts, thus providing valuable knowledge about the present state of economics and its...

This book champions the view that economics is a social science and that, moreover, it may serve as a new paradigm for the social sciences. Economics is taken to be a part of those sciences which deal with actual problems of society by providing insights, improving our understanding and...

Economics as a Science of Human Behaviour champions the view that economics can serve as a paradigm for all of the social sciences by dealing with actual problems of society. Bruno S. Frey provides insights and improves our understanding of human behaviour, while suggesting solutions to social...