Is history of economic thought a serious subject? (original) (raw)
Related papers
International Advances in Economic Research, 2020
Contemporaries tend to question certain belief systems including academic systems of knowledge. Paradigms evolve to become a subject of inquiry. The need to acknowledge history of economic thought as a neglected but important domain of economic inquiry as an important discussion topic. During recent decades, history of economic thought has largely been abolished and has disappeared from many contemporary teaching curricula in economics. The article argues that our academic understanding of economics is incomplete if we do not respect history and understand the social embeddedness of economic institutions and social behaviour. Of course, one must distinguish between history of intellectual ideas and economic history. Both items have to be discussed separately when assessing methodological appropriateness and benefits. The argumentation is based on the work of Joseph A. Schumpeter who dealt in detail with the question why and how to deal with historiography as a tool of proper economics in his substantial introduction to the 1945 book History of Economic Analysis.
A New Methodology for the History of Economic Thought
Our article aims to stress that historical approach can contribute to address issues faced by modern economic theory. So as to show the relevance of historical analysis in economics, we first state the "methodology" we use in our researches. We emphasize its interdisciplinary feature since it involves moral and political philosophy, history of economic thought, economic theory and modern analytical tools. Second, we suggest two examples of works, finished or current, which are based on our methodology.
New Methodology for the History of Economic Thought
Historical Social Research, 2006
Our article aims to stress that historical approach can contribute to address issues faced by modern economic theory. So as to show the relevance of historical analysis in economics, we first state the "methodology" we use in our researches. We emphasize its interdisciplinary feature since it involves moral and political philosophy, history of economic thought, economic theory and modern analytical tools. Second, we suggest two examples of works, finished or current, which are based on our methodology.
Research in the History of Economic Thought and Methodology
Research in the history of economic thought and methodology, 2016
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ON THE HISTORY OF ECONOMIC THOUGHT
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Economic Thought Within Its Historical Context: A Revision of the Eighteen Century
CHAKIÑAN, REVISTA DE CIENCIAS SOCIALES Y HUMANIDADES, 2022
The 18th century went from a state of economic stagnation, which occurred in the last century, caused by rampant inflation, climate change and the Thirty Years' War, to a state of economic growth based on population growth, banking expansion and commercial and agricultural. revolution. These changes founded the technological and social elements necessary for an era of industrialization that would take shape in the next century. Within this historical context, the foundations of classical economic thought appear, represented by Adam Smith, Thomas Malthus, David Ricardo, etc. The writing carries out a bibliographic and hermeneutical analysis of the economic thought of the eighteenth century through, on the one hand, the review of the theoretical contributions of these thinkers and the most important conclusions made by later scholars, on the other hand, the theoretical interpretation of the foundations of the economic thought of the eighteenth century. This analysis is built on si...