By Vernon L. Smith, Bart J. Wilson,

Book cover of Humanomics: Moral Sentiments and the Wealth of Nations for the Twenty-First Century

Book description

While neo-classical analysis works well for studying impersonal exchange in markets, it fails to explain why people conduct themselves the way they do in their personal relationships with family, neighbors, and friends. In Humanomics, Nobel Prize-winning economist Vernon L. Smith and his long-time co-author Bart J. Wilson bring their study…

Shepherd is reader supported. When you buy books, we may earn an affiliate commission.

Why read it?

1 author picked Humanomics as one of their favorite books. Why do they recommend it?

Smith is generally considered as the father of economics, laying its foundations in the eighteenth century.

But he can also be an inspiration for rethinking economics (providing more realistic assumptions about human conduct) and laboratory experiments in the twenty-first century, helping us to build a new “Humanomics” (see also McCloskey’s two books on this subject). That’s what Vernon Smith (Nobel Prize in Economics in 2002) and Bart Wilson convincingly argue for in their uncommon and innovative book. Smith is still alive (and well alive) today. 

From Andreas and Benoit's list on the Adam and smith of modern economics.

Want books like Humanomics?

Our community of 11,000+ authors has personally recommended 100 books like Humanomics.

Browse books like Humanomics

5 book lists we think you will like!

Interested in economic development, economic policy, and economics?

11,000+ authors have recommended their favorite books and what they love about them. Browse their picks for the best books about economic development, economic policy, and economics.

Economic Development Explore 65 books about economic development
Economic Policy Explore 33 books about economic policy
Economics Explore 392 books about economics