Economics can be inspiring - often taking a stand against
convention, achieving challenging results, discussing unorthodox
viewpoints and suggesting new policies. 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 anomalies, identification in democracy and
crowding effects, and focuses on intrinsic motivation and how it is
undermined. Inspiring Economics also looks at the integration of
economics and politics, covering topics including popular
initiatives and referenda, authoritarian nations and foreign aid,
and the way in which the cost of war is reflected on the capital
market. This groundbreaking empirical study of human motivation and
behaviour will be a fascinating read for those interested in
economics and economic theory.
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