Economist in a library Sergei Savostyanov/Getty Images

Economics With a Humanities Face

In a 2006 survey, only 42% of academic economists said they agreed strongly with the need to understand the world through a cross-disciplinary lens. In fact, economic modeling and policymaking would benefit from less math and more Jane Austen.

CHICAGO – In a 2006 survey, American university professors were asked whether it was better to possess knowledge from numerous fields of study, or from just one. Among professors of psychology, 79% were enthusiastic about interdisciplinary learning, as were 73% of sociologists and 68% of historians. The least enthusiastic? Economists: only 42% surveyed said they agreed with the need to understand the world through a cross-disciplinary lens. As one observer put it bluntly: “Economists literally think they have nothing to learn from anyone else.”

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