Over the last two centuries, financial technology is becoming a social technology predicated on mathematical models as opposed to terms. In this written guide Mary S. Morgan draws near this modification – both historically and philosophically – using a few case studies to illuminate its nature plus the implications. This reconnection of economics using the economies it studies could be of great interest to those seeking to reform the training of economics, writes Jennifer Miller.

the planet within the Model: How Economists Work and Think. Mary S. Morgan. Cambridge University Press. September 2012.

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Recently, The Economist additionally the Financial Times have actually profiled an effort, led by Wendy Carlin and sponsored by the Institute for brand new Economic Thinking, to reshape the economics curriculum. Read more