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What’s Wrong with Economics I

In: What’s Wrong with Economics?

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  • Benjamin Ward

Abstract

Neoclassical economics is a full-fledged normal science: it passes all the tests. Furthermore, it is an expanding science, in that the economist’s techniques have been finding first-time applications in a number of areas in recent years. Still further, there is a process of integration underway. Under the rubric of behavioral science a common language, set of ideas, and battery of techniques is being set up with broad application, among others, in political science, social psychology, business administration, and Soviet economics.1 If anything, this process has been accelerating lately. Economics is the very model of a modern major discipline.

Suggested Citation

  • Benjamin Ward, 1972. "What’s Wrong with Economics I," Palgrave Macmillan Books, in: What’s Wrong with Economics?, chapter 6, pages 89-92, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-01806-2_6
    DOI: 10.1007/978-1-349-01806-2_6
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    Citations

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    Cited by:

    1. Muhammad Anas Zarqa, 2003. "Islamization of Economics: The Concept and Methodology تحقيق إسلامية علم الاقتصاد: المفهوم والمنهج," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 16(1), pages 3-42, January.
    2. Kakarot-Handtke, Egmont, 2010. "Axiomatic Basics of e-Economics," MPRA Paper 24331, University Library of Munich, Germany.
    3. Charles Wilber, 2004. "Ethics, human behavior and the methodology of social economics," Forum for Social Economics, Springer;The Association for Social Economics, vol. 33(2), pages 19-50, March.
    4. Wicks, Rick, 2011. "Assumption without representation: the unacknowledged abstraction from communities and social goods," MPRA Paper 51674, University Library of Munich, Germany.
    5. M. Akram Khan, 1984. "Islamic Economics: Nature and Need الاقتصاد الإسلامي: الطبيعة والحاجة," Journal of Research in Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 1(2), pages 51-55, July.
    6. T.A. Boylan & P.F. O'Gorman, 2007. "Axiomatization And Formalism In Economics," Journal of Economic Surveys, Wiley Blackwell, vol. 21(3), pages 426-446, July.
    7. repec:abd:kauiea:oldjournal:v:1:y:1984:i:2:no:4:p:51-55 is not listed on IDEAS
    8. L.A. Duhs, 2008. "SEN'S ECONOMIC PHILOSOPHY Capabilities and Human Development in the Revival of Economics as a Moral Science," Discussion Papers Series 366, School of Economics, University of Queensland, Australia.

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