Economists as Worldly Philosophers
American Economic Review
vol. 101,
no. 3, May 2011
(pp. 171-75)
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.Citation
Shiller, Robert J., and Virginia M. Shiller. 2011. "Economists as Worldly Philosophers." American Economic Review, 101 (3): 171-75. DOI: 10.1257/aer.101.3.171JEL Classification
- A11 Role of Economics; Role of Economists
- A12 Relation of Economics to Other Disciplines
- A13 Relation of Economics to Social Values