Modern economics is like a metropolitan area. Economists' ideas
about business and markets are like the magnificent buildings of
the city centre. Yet most growth and prosperity is in the suburbs -
lately many of economics' greatest successes have been outside the
traditional boundaries of the discipline. In the study of law,
economic ideas have been the intellectual focus and "law and
economics" has become a major field. In the study of politics,
economists and political scientists using economics-type methods
are uniquely influential. In sociology and history, economics has
had a smaller but growing influence through "rational choice
sociology" and "cliometrics". The influence of the economists type
thinking in other social sciences is bringing about a theoretical
integration of all the social sciences under one overarching
paradigm. The chapters of the book illustrate the intellectual
advances that account for this unified view of economies and
societies.
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