Abstract

https://ssrn.com/abstract=1538584
 
 

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Where Economics and Philosophy Meet


Peter J. Boettke


George Mason University - Department of Economics

Christopher J. Coyne


George Mason University - Department of Economics

Guala Francesco


affiliation not provided to SSRN

Alain Marciano


Université de Montpellier; French National Center for Scientific Research (CNRS) - Laboratoire d'économie théorique et appliquée (LAMETA)

Jochen Runde


University of Cambridge - Judge Business School

Margaret Schabas


University of British Columbia (UBC) - Department of Philosophy

John Davis


affiliation not provided to SSRN

2006

Economic Journal, Vol. 116, pp. F306-F325, June 2006

Abstract:     
Although Adam Smith’s 1776 Wealth of Nations is often cited as marking the birth of economics, it was really not until after the second world war that economics became the distinctive, more or less unified, and largely separate discipline summarised in the textbooks of today. Even a mere fifty years ago, it was possible for the intelligent reader to move with relative ease between economics on the one hand and political economy, sociology and social theory, psychology and philosophy on the other. This is now no longer the case, and most young economists are taught to think of their discipline, not primarily in terms of the particular economic social phenomena it was once taken to be about, but as a sophisticated and largely self-contained analytical approach to the investigation of social phenomena of any kind. Even so, economics has never been able to separate itself entirely from its sister disciplines, even at the high tide of mathematical economics and positivism during the 1970s and 1980s, and many of the most active new areas in economics currently involve some form of boundary crossing (e.g. experimental economics, neuroeconomics and computational economics to name just three). With respect to the philosophy of economics in particular, the last fifty years or so have seen a steady expansion in scholarly investigation into different connections between economics and philosophy, with the emergence of new journals, professional associations, research networks and the like. There has been a great deal of work on epistemological questions in the wake of the decline of positivism, on boundary issues and the question of whether or not economics constitutes a science, and on the rhetoric of economics, ethics, value and, latterly, the ontology of economics (Hands, 2001). It is against this background that, in 2004, three of us published the Elgar Companion to Economics and Philosophy (Davis, Marciano and Runde, 2004, henceforth the Companion), an edited collection aimed at documenting the current state of play in three important areas of the philosophy of economics:

(1) Political economy as political philosophy;
(2) The methodology and epistemology of economics; and
(3) Social ontology and the ontology of economics.

Number of Pages in PDF File: 20

JEL Classification: B53


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Date posted: January 19, 2010  

Suggested Citation

Boettke, Peter J. and Coyne, Christopher J. and Francesco, Guala and Marciano, Alain and Runde, Jochen and Schabas, Margaret and Davis, John, Where Economics and Philosophy Meet (2006). Economic Journal, Vol. 116, pp. F306-F325, June 2006. Available at SSRN: https://ssrn.com/abstract=1538584

Contact Information

Peter J. Boettke (Contact Author)
George Mason University - Department of Economics ( email )
4400 University Drive
Fairfax, VA 22030
United States
703-993-1149 (Phone)
703-993-1133 (Fax)
Christopher J. Coyne
George Mason University - Department of Economics ( email )
4400 University Drive
Fairfax, VA 22030
United States
Guala Francesco
affiliation not provided to SSRN
Alain Marciano
Université de Montpellier ( email )
Avenue Raymond Dugrand, CS 79606
Montpellier Cedex 1, F-34000
France
French National Center for Scientific Research (CNRS) - Laboratoire d'économie théorique et appliquée (LAMETA) ( email )
Montpellier
France
HOME PAGE: http://www.lameta.univ-montp1.fr/spip.php?rubrique233
Jochen Runde
University of Cambridge - Judge Business School ( email )
Trumpington Street
Cambridge, CB2 1AG
United Kingdom
Margaret Schabas
University of British Columbia (UBC) - Department of Philosophy ( email )
1866 Main Mall E370
Vancouver, British Columbia V6T 1Z1
Canada
John Davis
affiliation not provided to SSRN
Feedback to SSRN


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