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Bassiri, Nima. Madness and Enterprise: Psychiatry, Economic Reason, and the Emergence of Pathological Value

Journal of Economic Literature 2026 64(2), 699-700
Matthew Basilico of Harvard University reviews “Madness and Enterprise: Psychiatry, Economic Reason, and the Emergence of Pathological Value” by Nima Bassiri. The Econlit abstract of this book begins: “Explores how economic reasoning has been adopted by psychiatric clinicians and researchers in order to facilitate diagnostic assessments about potential psychiatric patients on the basis of their apparent economic behaviors, focusing on how economic value came to comprise part of the ontology of madness.”