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Economists as Worldly Philosophers

13 Pages Posted: 12 Mar 2011  

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

Date Written: January 17, 2011

Abstract

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.

JEL Classification: B4, B41

Suggested Citation

Shiller, Robert J. and Shiller, Virginia M., Economists as Worldly Philosophers (January 17, 2011). Cowles Foundation Discussion Paper No. 1788. Available at SSRN: https://ssrn.com/abstract=1783743 or http://dx.doi.org/10.2139/ssrn.1783743

Robert J. Shiller (Contact Author)

National Bureau of Economic Research (NBER) ( email )

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Yale University - International Center for Finance ( email )

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203-432-6167 (Fax)

Yale University - Cowles Foundation ( email )

Box 208281
New Haven, CT 06520-8281
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203-432-3708 (Phone)
203-432-6167 (Fax)

HOME PAGE: http://www.econ.yale.edu/~shiller/

Virginia M. Shiller

affiliation not provided to SSRN ( email )

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