"New economic thinking is in demand in the light of the recent crisis. But it is constrained by the prevailing way of thinking about the economy and about economics. This book equips the reader with a better understanding of this way of thinking and increases awareness of other possibilities....

Modern economics has, at its foundation, scholarly contributions from many prominent Scottish thinkers. This revealing work examines the roots of this great tradition, places in perspective a selection of authors, and assesses their contribution over three centuries in the light of a distinctive...

Intro -- Contents -- Preface -- Part I. The Proposal -- Chapter 1. Humanomics and Liberty Promise Better Economic Science -- Chapter 2. Adam Smith Practiced Humanomics, and So Should We -- Chapter 3. Economic History Illustrates the Problems with Nonhumanomics -- Chapter 4. An Economic Science...

"In Bettering Humanomics: A New and Old Approach to Economic Science, Deirdre Nansen McCloskey offers a critique of contemporary economics and a proposal for a better humanomics. McCloskey argues for an economic science that accepts the models and mathematics, the statistics and experiments of...