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About Culture in Economics

Author

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  • Dragan Milinkovic Fimon

Abstract

The formal precision of modern economics, with its theoretical abstraction, its mathematical analytics and its reliance on disinterested scientific method in testing hypotheses about how economic system behave, might suggest that economics as a discipline does not have a cultural context, that it operates within a world that is not considered by, nor conditional upon, any cultural phenomena. But just as the radical critique described of contemporary economics has argued that the sort of economics described above cannot be value-free, so also can it be suggested that economics as an intellectual cannot be culture-free.

Suggested Citation

  • Dragan Milinkovic Fimon, 2007. "About Culture in Economics," Economic Analysis, Institute of Economic Sciences, vol. 40(3-4), pages 77-86.
  • Handle: RePEc:ibg:eajour:v:40:y:2007:i:3-4:p:77-86
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    File URL: http://www.ien.bg.ac.rs/index.php/en/2007/2007-34
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    References listed on IDEAS

    as
    1. Steven G. Rivkin & Eric A. Hanushek & John F. Kain, 2005. "Teachers, Schools, and Academic Achievement," Econometrica, Econometric Society, vol. 73(2), pages 417-458, March.
    2. Schneider, Andrea, 2010. "Redistributive taxation vs. education subsidies: Fostering equality and social mobility in an intergenerational model," Economics of Education Review, Elsevier, vol. 29(4), pages 597-605, August.
    3. Hoyt, William H. & Lee, Kangoh, 1998. "Educational vouchers, welfare effects, and voting," Journal of Public Economics, Elsevier, vol. 69(2), pages 211-228, June.
    4. McMillan, Robert, 2004. "Competition, incentives, and public school productivity," Journal of Public Economics, Elsevier, vol. 88(9-10), pages 1871-1892, August.
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    More about this item

    Keywords

    Economic development; culture; sustainability; efficiency; equity;

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • Z1 - Other Special Topics - - Cultural Economics

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