We are delighted to have our colleague, Russ Roberts, blogging with us over the next 10 days or so. Russ is the world’s only economist who has written a fable and a romance and a number of papers in top academic journals like the Journal of Political Economy.
What’s an economist doing writing a romance? Well, economics is a romantic science. Don’t believe me? Here is a description of Russ’s book The Invisible Heart.
Sam lives and breathes capitalism. He thinks that most government regulation is unnecessary or even harmful. He believes that success in business is a virtue. He believes that our humanity flourishes under economic freedom. Laura prefers Wordsworth to the Wall Street Journal. Where Sam sees victors, she sees victims. She wants the government to protect consumers and workers from the excesses of Sam’s beloved marketplace. While Sam and Laura argue about how to make the world a better place, a parallel story unfolds across town. Erica Baldwin, the crusading head of a government watchdog agency, tries to bring Charles Krauss, a ruthless CEO, to justice. How are these two dramas connected? Why is Sam under threat of dismissal? Will Erica Baldwin find the evidence she needs? Can Laura love a man with an Adam Smith poster on his wall?
Doesn’t it just make you want to tune in tomorrow?