We all know that reading Jane Austen is good for you. Scientists at Stanford proved this last fall with MRI scans that showed reading Austen’s work boosted neural activity and even increased blood flow to the brain. Now, it turns out, we Janeites have also been unwittingly indulging in sophisticated Game Theory Economics.
Yes, Game Theory—the very discipline which garnered John Nash (of A Beautiful Mind fame) the Nobel Prize in Ecnomics.
UCLA professor Michael Suk-Young Chwe argues this in his new book, Jane Austen Game Theorist.
Instead of bothering with chalk boards and lengthy variable-laden formulas, Austen imparts economic wisdom via the subtext of Marianne Dashwood’s swoons—indeed, Chwe cites this as an example. Who knew that while I was reading about Fanny Price deciding which necklace to wear, I was actually engaging in “the study of mathematical models of conflict and cooperation.”
As I reread Pride and Prejudice for the 200th Anniversary, I will be subconsciously learning the mathematical analysis of strategic thinking. Just like when moms puree broccoli to hide in brownies. And all this time I thought I hated math.
Seriously though, tremendous kudos to Chwe for giving us yet another way to examine Austen’s work. If more economists read Austen, perhaps we could finally settle the debate over the Laffer Curve.
Chew’s emphasis, however, is more on the political ramifications of Austen’s strategic thinking, and I must say I am fascinated by his approach. According to Chwe, Jane’s observations and theories can be applied to the Cold War stalemate, as well as to military mistakes made in both Vietnam and Iraq. And that’s just what I have gleaned from reviews and excerpts … I cannot wait to actually get my hands on this book!
Janeites, this would be a perfect pick for The Pride and Prejudice Bicentenary Challenge 2013.
All this does make me feel better about myself, mathematically speaking. Even though I struggled with trigonometry in high school, I made it through each of Austen’s books twice so I must have actually been a math prodigy. I’m also feeling rather smug about opting out of ‘Intro to Economics’ in college for a course that compared Northanger Abbey to the Adventures of Huckleberry Finn. (No joke—great class!)
One can’t help but feel bad for those poor souls who actually studied economics. Why bother with the Wall Street Journal or the Financial Times when you can just read Emma? Or Jane Austen, Game Theorist?
Given that prominent economists like Thomas Schelling (Nobel 2005) endorse this book, I do wonder if the all-knowing Jane also offers clues as to how I should invest my IRA? I will have to keep this in mind as I dig into Jane Austen, Game Theorist, and when I reread Persuasion.
Economics, Game Theory, and Jane Austen via PBS NewsHour
Game Theory: Jane Austen Had it First via The New York Times
More Austen on WordHits…
The Pride and Prejudice Bicentenary Challenge
When Pride and Prejudice Clicks: Boring to Brilliant
How Did I Not Know about Marvel’s Pride & Prejudice
Kate Middleton Decried as Jane Austen Character
So Glad Jane Austen Made Me Do It
Spoiler Alert: This Book Has No Ending
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As a kid, I loved Betty and Veronica and all the superheroes comics. I don’t read them much anymore. (I go to all the movies!) When I see the Marvel or DC logo, warm memories of childhood summers flush to the surface. For Christmas, I got my 10-year-old godson the DC Comics Encyclopedia. He already had the Marvel one (the boy is very advanced).
Austen Fans Celebrate 200 Years of ‘Pride and Prejudice’
In an attempt to criticize Kate Middleton, 

I don’t know what it is about ‘Spring Forward,’ but I always find myself reshuffling my TBR pile. During winter, the early darkness and the cold winds prompt me to reach for heavier, atmospheric tomes. I started off November with Bring Up the Bodies, Hilary Mantel’s study of Thomas Cromwell versus Anne Boleyn. I followed that with mostly moody fare like G.R.R. Martin’s A Storm of Swords, Charles Dickens’s A Christmas Carol, The Tenant of Wildfell Hall by Anne Brontë, and one of my favorite Shakespeare plays, Richard III (after they found him in a parking lot in Leicester). Shakespeare’s histories and tragedies feel like winter reading, but the comedies seem more apropos to spring and summer—except of course, Twelfth Night and A Winter’s Tale, which I should really put in my rotation next December.
This spring, I plan to finally reach for The Lacuna, Barbara Kingsolver’s novel about Diego Rivera in Mexico. I’m embarrassed to admit that I will be digging into the hardcover, which I bought ages ago. (Sigh, the perils of the TBR.) Kingsolver’s Animal Dreams, The Bean Trees, and Pigs in Heaven are also great reads for the sun-starved.
Today, January 28, marks the 200th anniversary of the publication of 

It’s
30 Year Timeline of Banned Books Week
Moonshine here does not mean Tennessee hooch, though this being Wodehouse, the characters tend to reach for potent liquid bracers at key plot points. Here, moonshine takes the British connotation of nonsense or silliness. Certainly, this novel has a carefree absurdity which reminded me a bit of
There are several other eccentric characters—the ‘kickworthy’ fortune hunter Adrian Peake, the faux Czech Princess Dwornitzcheck, a shuffling butler named Pollen, and the waffle-requesting Mr Chinnery, to whom Sir Buckstone owes a large sum of money—and several of them seem to be chasing each other about.



