The Consequences of Economic Rhetoric

co-edited with D.N. McCloskey and Robert Solow

New York: Cambridge University Press, 1988.

The field of economics proves to be a matter of metaphor and storytelling — its mathematics is metaphoric and its policy making is narrative. Economists have begun to realize this and to rethink how they speak. This volume is the result of a conference held at Wellesley College, involving both theoretical and applied economists, that explored the consequences of the rhetoric and the conversation of the field of economics.

Chapter 1