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Economists are peculiar creatures. Last week a large posse of them descended on Berlin for the third annual conference of the Institute for New Economic Thinking (INET), a think-tank co-founded by investor and philanthropist George Soros in 2009 in the wake of the global financial crisis.
As
I roamed through the various sessions and gatherings, pointy-headed
folk squinted at me and rattled off facts and figures that gave them the
sort of thrill I get from seeing spring flowers in bloom. The field of
economics is known for attracting Asperger’s-spectrum wonks better at
formulating financial models than the flow of human interaction. But if
the Berlin forum is any indication, the field is now fitfully
reorienting itself: it wants to understand those fascinating and often
irrational beings known as “people.” READ MORE
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