What If? Models, Fact and Fiction in Economics

When:
October 16, 2013 @ 5:00 pm – 6:15 pm
2013-10-16T17:00:00+00:00
2013-10-16T18:15:00+00:00
Where:
The British Academy
10-11 Carlton House Terrace, London, Greater London SW1Y 5AH
UK
Cost:
Free

What would have happened to economic growth if the railway had not been invented? What if he monetary system behaved like a hydraulic machine? And why have economists argued about the exchanges that Robinson Crusoe might have made with Friday on their desert island? Join Professor Morgan as she uses materials from the history of economics to illuminate how economists have created and used models – devices that combine elements of the factual and fictional – to explore the economic world.

About the speaker:
Mary S. Morgan FBA is Professor of History and Philosophy of Economics at the London School of Economics and University of Amsterdam. Her book The World in the Model (2012) follows others on “travelling facts”, on measurement, and on observation. She has recently held a British Academy / Wolfson Research Professorship for “Re-Thinking Case Studies Across the Social Sciences”.

FREE. Seats allocated on a first come, first served basis