A Road Not Taken? A Brief History of Care in Economic Thought

Forthcoming in European Journal of the History of Economic Thought

20 Pages Posted: 17 Oct 2019

See all articles by John B. Davis

John B. Davis

Marquette University; University of Amsterdam; Tinbergen Institute

Robert McMaster

Glasgow University

Date Written: October 8, 2019

Abstract

Care is central to the human experience and part of the social provisioning process. Adam Smith recognized this, associating care with sympathy. Later contributions in the political economy tradition also provide scope for an analysis of care, but none as developed as Smith’s. With the emergence of the current mainstream, care is marginalized. Kenneth Boulding’s analysis provides an opportunity to interrogate care in the economy, but he fails to explicitly acknowledge care. It is left to feminist economics to highlight the centrality of care. An implication is that it challenges the conventional rubric of economic organization predicated on self-interest.

Keywords: care, Smith, feminist economics, Boulding, social provisioning

JEL Classification: B10, B54, I00, Z00

Suggested Citation

Davis, John B. and McMaster, Robert, A Road Not Taken? A Brief History of Care in Economic Thought (October 8, 2019). Forthcoming in European Journal of the History of Economic Thought. Available at SSRN: https://ssrn.com/abstract=3466273 or http://dx.doi.org/10.2139/ssrn.3466273

John B. Davis (Contact Author)

Marquette University ( email )

P.O. Box 1881
Milwaukee, WI 53201-1881
United States

University of Amsterdam ( email )

Amsterdam
Netherlands

Tinbergen Institute ( email )

Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands

Robert McMaster

Glasgow University ( email )

Glasgow
United Kingdom

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
42
Abstract Views
228
PlumX Metrics