Economists as Worldly Philosophers
Robert J. Shiller
Yale University - Cowles Foundation; National Bureau of Economic Research (NBER); Yale University - International Center for Finance
Virginia M. Shiller
affiliation not provided to SSRN
January 17, 2011
Cowles Foundation Discussion Paper No. 1788
While leading figures in the early history of economics conceived of it as inseparable from philosophy and other humanities, there has been movement, especially in recent decades, towards its becoming an essentially technical field with narrowly specialized areas of inquiry. Certainly, specialization has allowed for great progress in economic science. However, recent events surrounding the financial crisis support the arguments of some that economics needs to develop forums for interdisciplinary interaction and to aspire to broader vision.
Number of Pages in PDF File: 13
JEL Classification: B4, B41
Date posted: March 12, 2011
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