IDEAS home Printed from https://ideas.repec.org/a/fau/fauart/v50y2000i2p113-116.html
   My bibliography  Save this article

Economics as an Imperial Science

Author

Listed:
  • Martin Èihák

Abstract

This article summarizes the main points discussed at the seminar ?Economics as an Imperial Science,? held by the Czech Economic Association in November 1999. The seminar was devoted to the theory of preferences and its extensions to ?non-economic? topics, a research agenda coined by Prof. Gary Becker, the 1992 Nobel Memorial Prize Winner. There were two main speakers. Dr. Dušan Toíska (CD-F, a.s.) presented the standard textbook neoclassical axiomatic approach to preferences. He argued that the theory of preferences is the hard core of what people are able to sensibly articulate about their own decisions and behavior. Prof. Ivo. Straka (Prague School of Economics) was more critical of Prof. Becker?s attempts to extend the theory of preferences to non-economic areas of research. He argued that Prof. Becker?s approach obscures the definition of capital and the distinction between consumption and investment, which lessens our understanding of reality. Other seminar discussions focused on various issues, including the definition of science, the role of mathematics in economics, and McKloskey?s concept of economics as a rhetorical space.

Suggested Citation

  • Martin Èihák, 2000. "Economics as an Imperial Science," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 50(2), pages 113-116, February.
    • Handle: RePEc:fau:fauart:v:50:y:2000:i:2:p:113-116
    as

    Download full text from publisher

    File URL: http://journal.fsv.cuni.cz/mag/article/show/id/140
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    economics;

    JEL classification:

    • A1 - General Economics and Teaching - - General Economics

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fau:fauart:v:50:y:2000:i:2:p:113-116. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Natalie Svarcova (email available below). General contact details of provider: https://edirc.repec.org/data/icunicz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.