Haiku and economics

close up of coins
Photo by Pixabay on Pexels.com

https://www.economist.com/prospero/2011/01/12/on-haiku-and-the-invisible-hand

EXTRACT:

Even Adam Smith  might have approved. In exploring the links between poetry and economics, Mr Ziliak’s essay (a spin-off from a longer academic paper published in 2009) recalls Richard Holmes’s book, “The Age of Wonder: How the Romantic Generation Discovered the Beauty and Terror of Science”. Holmes, a biographer of Shelley and Coleridge, sought to dispel the notion that romanticism and science always inhabited separate spheres. Instead, they shared “a common ideal of intense, even reckless, personal commitment to discovery”. Whether exploring a cranny of the mind or mapping the skies, the romantic poets and scientists were united in their ideas, and the feelings and language that framed them.

Mr Ziliak posits that a greater relationship between poetry and economics should exist, that it is “economists who can learn the most from poets about precision and efficiency, about objectivity and maximization.” This may be a stretch, but Mr Ziliak is more convincing with his larger point: that feelings and language play too big a part in our lives to not be used when considering the world around us—even something so dismal as economics.