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...

Die Glücksforschung ist mittlerweilen nicht mehr "nur" unter Philosophen, Psychologen und Neurobiologen ein Thema. Auch Ökonomen beschäftigen sich heute mit der Frage, was uns Menschen wirklich glücklich macht, und erweitern mit ihren Forschungsarbeiten die Standardökonomie auf...

There is a fundamental difference between the natural and the social sciences due to reactivity. This difference remains even in the age of Artificially Intelligent Learning Machines and Big Data. Many academic economists take it as a matter of course that economics should become a natural...