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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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    References listed on IDEAS

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    1. Giandomenica Becchio, 2018. "Gender, Feminist and Heterodox Economics: Interconnections and Differences in a Historical Perspective," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 1, pages 5-24, March.
    2. Gary S. Becker, 1981. "A Treatise on the Family," NBER Books, National Bureau of Economic Research, Inc, number beck81-1.
    3. Henry S. Farber & Robert Gibbons, 1996. "Learning and Wage Dynamics," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(4), pages 1007-1047.
    4. Becker, Gary S., 1971. "The Economics of Discrimination," University of Chicago Press Economics Books, University of Chicago Press, edition 2, number 9780226041162, August.
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    Keywords

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    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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