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Specialization, Fragmentation, and Pluralism in Economics

Author

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  • John B. Davis

    (Department of Economics Marquette University)

Abstract

This paper investigates whether specialization in research is causing economics to become an increasingly fragmented and diverse discipline with a continually rising number of niche-based research programs and a declining role for dominant cross-science research programs. It opens by framing the issue in terms of centrifugal and centripetal forces operating on research in economics, and then distinguishes descriptive from normative pluralism. It reviews recent research in economics regarding the JEL code and the economics' J. B. Clark award that points towards rising specialization and fragmentation of research in economics. It then reviews five related arguments that might explain increasing specialization and fragmentation in economics: (i) Smith's early division of labor view, (ii) Kuhn's later thinking about the importance of specialization, (iii) Heiner's behavioral burden of knowledge argument, (iv) Ross innovation-diffusion analysis and Arthur's theory of technological change as determinants of specialization in science, and (v) the effects of space and culture or internationalization on innovation appropriation. The paper then discusses what descriptive pluralism implies about normative pluralism, and makes a case for multidisciplinarity over interdisciplinarity as a basis for arguments promoting pluralism. The paper closes with brief comments on the issue of specialization and pluralism in the wider world outside economics and science.

Suggested Citation

  • John B. Davis, 2018. "Specialization, Fragmentation, and Pluralism in Economics," Working Papers and Research 2018-05, Marquette University, Center for Global and Economic Studies and Department of Economics.
    • Handle: RePEc:mrq:wpaper:2018-05
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    File URL: https://epublications.marquette.edu/econ_workingpapers/65
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    Cited by:

    1. Sergio Mariotti, 2022. "The economics–engineering nexus: response to the commentaries," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 49(1), pages 1-29, March.
    2. Muriel Dal Pont Legrand & Martina Cioni & Eugenio Petrovich & Alberto Baccini, 2022. "Is There Cross-fertilization in Macroeconomics? A Quantitative Exploration of the Interactions between DSGE and Macro Agent-Based Models," GREDEG Working Papers 2022-25, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    3. Jussi T. S. Heikkila, 2022. "Journal of Economic Literature codes classification system (JEL)," Papers 2207.06076, arXiv.org.
    4. Linda L. Price, 2022. "Folds in historical time and possible worlds for the marketing discipline: A commentary," AMS Review, Springer;Academy of Marketing Science, vol. 12(3), pages 162-167, December.
    5. Turan Yay, 2021. "Method and scope in Joseph A. Schumpeter's economics: a pluralist perspective," Post-Print hal-03374881, HAL.
    6. Muriel Dal-Pont Legrand & Martina Cioni & Eugenio Petrovich & Alberto Baccini, 2022. "Is there cross-fertilization in macroeconomics? . Version 2," Working Papers halshs-03741035, HAL.
    7. Ambrosino, Angela & Cedrini, Mario & B. Davis, John, 2022. "Today’s economics: One, No One and One Hundred Thousand," Department of Economics and Statistics Cognetti de Martiis. Working Papers 202215, University of Turin.

    More about this item

    Keywords

    specialization; fragmentation; pluralism; innovation-diffusion; internationalization;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

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