Hes presidential address: What's wrong with economics?

Research output: Contribution to journalReview article

5 Scopus citations

Abstract

The piece begins with the proposition that the economic perspective on human activity must reflect the fact that human beings transact in a world defined for the actors by social norms. An analysis of the crisis of 2008 is offered as a demonstration of the value of adopting such a broader perspective. Part II offers an historical model based on Adam Smith's Moral Philosophy of such a broader analysis. The piece closes with the case that the history of ideas offers alternative perspectives on the questions we explore in economics today, and thus can serve as a valuable resource for constructive skepticism of the current discourse.

Original languageEnglish (US)
Pages (from-to)1-20
Number of pages20
JournalJournal of the History of Economic Thought
Volume34
Issue number1
DOIs
StatePublished - Mar 1 2012

ASJC Scopus subject areas

  • Arts and Humanities(all)
  • Economics, Econometrics and Finance(all)
  • History and Philosophy of Science

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