What We Are Reading Today: Cents and Sensibility 

Updated 06 September 2018
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What We Are Reading Today: Cents and Sensibility 

AUTHORS: Gary Saul Morson and Morton Schapiro

In Cents and Sensibility, an eminent literary critic and a leading economist make the case that the humanities — especially the study of literature — offer economists ways to make their models more realistic, their predictions more accurate, and their policies more effective and just.

Arguing that Adam Smith’s heirs include Austen, Chekhov, and Tolstoy as much as Keynes and Friedman, Gary Saul Morson and Morton Schapiro trace the connection between Adam Smith’s great classic, The Wealth of Nations, and his less celebrated book on ethics, The Theory of Moral Sentiments, says a review on the Princeton University Press website. 

The authors contend that a few decades later, Jane Austen invented her groundbreaking method of novelistic narration in order to give life to the empathy that Smith believed essential to humanity. 

More than anyone, the great writers can offer economists something they need—a richer appreciation of behavior, ethics, culture, and narrative. 


All-star Mary Poppins sequel flies into view

Updated 18 September 2018
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All-star Mary Poppins sequel flies into view

  • The movie includes mixed live-action and animation scenes that are reminiscent of those that were cutting edge in the mid-1960s
  • “Mary Poppins Returns” is set for a pre-Christmas release in Britain and the United States

A view across the grimy rooftops of London? A nanny descending to earth with a flying umbrella? Dick Van Dyke? All are present and correct in the trailer for the “Mary Poppins” reboot that was released on Tuesday.
Julie Andrews, who won the 1965 Best Actress Oscar for her performance in the original, is replaced in “Mary Poppins Returns” by Emily Blunt as the unconventional governess who arrives as if by magic to heal a family in need of love.
In the sequel, it is 1932 and the boy, Michael Banks, has grown up and, helped by his sister Jane, is bringing up children of his own, in the absence of their mother.
The trailer gives few other clues to the plot of the musical, but showcases a stellar cast of British acting talent, including Ben Whishaw, Colin Firth and Julie Walters.
Meryl Streep also features, as does Dick Van Dyke who played the chimney sweep Bert with the so-bad-it’s-good cockney accent in the original. Now 92, the trailer shows him as lithe as ever, dancing on a table.
The Bert character — Jack in this film — is played by Lin-Manuel Miranda, the rapper and composer who created the acclaimed musical “Hamilton.”
The movie includes mixed live-action and animation scenes that are reminiscent of those that were cutting edge in the mid-1960s but have a retro-charm now.
The original movie was based on the children’s books by P.L. Travers who famously objected to Walt Disney’s embellishments to her stories. It was a huge success and became a classic.
“Mary Poppins Returns” is set for a pre-Christmas release in Britain and the United States.