Economics and Cognitive Science
In Chapter 2, we saw that the job of the economist doesn’t end with revealing economic truth. For the truth to matter, it is also necessary for the people to whom the economist directs his appeal to act on what they learn. But that means delving into the thought processes of the economist’s audience. As already seen, writers in the philosophy of economics have been exploring the nexus between economics and the mind. This development has come about in large part because of the growing importance since World War II of cognitive science, the purpose of which is to explain how the mind works.
Cognitive science has been around since Plato. But the idea that the study of how the mind works is not just philosophy, ...
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