What Was “It” That Robbins Was Defining?
AbstractThis paper argues that Robbins’ famous definition of economics was of “economic science” which he saw as only a narrow branch of the field of economics. The field of economics included both economic science—which his definition dealt with, and political economy--which his essay did not deal with. His prescriptive message was that policy belonged in the “political economy” branch of economics. He believed that while the science of economics should avoid value judgments as much as possible, the political economy (applied policy) branch of economics should, and must, include value judgments. That prescriptive message has been lost.
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Bibliographic InfoArticle provided by Cambridge University Press in its journal Journal of the History of Economic Thought.
Volume (Year): 31 (2009)
Issue (Month): 04 (December)
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Other versions of this item:
- David COlander, 2009. "What Was “It” that Robbins Was Defining?," Middlebury College Working Paper Series 0914, Middlebury College, Department of Economics.
- David Colander, 2007. "What Was “It” that Robbins Was Defining?," Middlebury College Working Paper Series 0706, Middlebury College, Department of Economics.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Robbins, economic science and political economy
by Nicholas Gruen in Club Troppo on 2009-10-25 00:21:15
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"The Making of a Global European Economist,"
Wiley Blackwell, vol. 61(2), pages 215-236, 05.
- David Colander, 2009. "“What is so Austrian about Austrian Economics?”," Middlebury College Working Paper Series 0910, Middlebury College, Department of Economics.
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- David Colander & Hugo Nopo Key Words: Latin American economics, global economics, political economy, graduate training, Latin America, applied economics, 2007. "The Making of a Latin American Global Economist," Middlebury College Working Paper Series 0705, Middlebury College, Department of Economics.
- Pinto, Hugo, 2009.
"A Economia em Ebulição: Integrando o Plural e a Moral numa Ciência Económica Satisfatória
[Economics in Turmoil: Integrating Moral and Plural in a Satisfactory Economic Science]," MPRA Paper 18718, University Library of Munich, Germany.
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- David Colander, 2009. "How Did Macro Theory Get So Far off Track, and what Can Heterodox Macroeconomists Do to Get it Back On Track?," Middlebury College Working Paper Series 0911, Middlebury College, Department of Economics.
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