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Similar or different? A comparison of Austrian and feminist economics

Author

Listed:
  • Alicja Katarzyna Sielska
  • Arkadiusz Sieroń
  • Ryszard Jacek Kubisz

Abstract

Some researchers, including Horwitz (1995), point out similarities between two heterodox schools of economic thought, viz. the Austrians and the feminists. These similarities include criticisms of neoclassical assumptions about the rationality of market participants, perfect competition, and the mathematization of economics. This paper, however, argues that these similarities are superficial, as there are numerous methodological differences between these two schools that have led to divergent views on such issues as the nature of orthodox economics and its research methods, subjectivity, utility functions and their interpersonal comparison, market competition, and gender discrimination in the labor market. It is contended that these differences are difficult to reconcile, making any rapprochement between the two schools unlikely.

Suggested Citation

  • Alicja Katarzyna Sielska & Arkadiusz Sieroń & Ryszard Jacek Kubisz, 2024. "Similar or different? A comparison of Austrian and feminist economics," Ekonomista, Polskie Towarzystwo Ekonomiczne, issue 1, pages 54-72.
    • Handle: RePEc:aoq:ekonom:y:2024:i:1:p:54-72
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    More about this item

    Keywords

    Austrian economics; feminist economics; methodology; utility; interventionism; discrimination;
    All these keywords.

    JEL classification:

    • B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches
    • B53 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Austrian
    • B54 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Feminist Economics

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