When Oster was expecting her first child, she felt powerless to make the right decisions for her pregnancy. How doctors think and what patients need are two very different things. So Oster drew on her own experience and went in search of the real facts about pregnancy using an economist’s tools. Economics is not just a study of finance. It’s the science of determining value and making informed decisions. To make a good decision, you need to understand the information available to you and to know what it means to you as an individual.So, when applied to a medical topic (like pregnancy) how does this differ from evidence based medicine? Should I be calling myself an economist?
None of this mean that Emily shouldn't write this book. My own read on the alcohol and pregnancy angle is that the current advice does seem to be based on an excess of caution. But it seems odd to argue that being an economist is the key piece here. Jumping fields is fine and can often lead to amazing insights, but maybe we should call this shifting of fields what it is rather than expanding the definition of economics to make it less meaningful?