Why Economists Need the Arts

The video discusses the importance of sensemaking, a concept introduced by Christian Meisburg, which emphasizes understanding the context of situations through humanities. It highlights the practical value of art and music in grasping historical and cultural nuances. The discussion extends to bebop as a cultural innovation and the role of humanities in business and career success. The video stresses the need for cultural understanding in global business and politics, and the societal value of humanities, despite challenges like defunding and undervaluation.

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