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This elaboration starts by deciphering modern science as a social subsystem being loosely coupled to the rest of society (section 2.1). Additionally, the way in which modern (monistic) economics was generated within this subsystem will be sketched (section 2.2). This will be contrasted with the...
Persistent link: https://www.econbiz.de/10012124654
This paper suggests that heterodox economists should not think of themselves as economists first, and only secondarily as heterodox, and must emphasize methodological issues, in particular the different assumptions (or axioms) implicit in their theories vis-àvis the mainstream. The paper argues...
Persistent link: https://www.econbiz.de/10003958093
Purpose This paper aims to argue that Economics is not a neutral science. Design/methodology/approach Post-structuralist perspective of Lyotard (1984), alongside the Pragmatics of Searle (1979) and Travis (1981) are useful for analyzing enunciations in mainstream Economics. Findings Economists...
Persistent link: https://www.econbiz.de/10014418082
This article comprises an up-to-date critical review of the field known as Economic Methodology or Philosophy of Economics (EM/PE). Two edited volumes (Kincaid and Ross 2021; Heilmann and Reiss 2021), a special issue of the Journal of Economic Methodology (2021), and a recent bibliometric analysis...
Persistent link: https://www.econbiz.de/10014255773
The paper is a sequel of an earlier paper by the present writer on the same subject. The basic idea of the present paper as well the previous one was that the Muslim economists, if they are serious about developing Islamic economics as a social science, should move away from the process of...
Persistent link: https://www.econbiz.de/10012985635
In educating economists, we should sacrifice some of the more technical aspects of economics (which can be learned later), in favour of the compulsory inclusion of philosophy, political science, and economic history. Three reasons for these interdisciplinary studies are given here. In the...
Persistent link: https://www.econbiz.de/10013213711
Islamic economics has its roots in the divine sources of Islam. Despite a respectable body of literature on the subject, a little progress has been made in developing theory of Islamic economics. The paper proposes a methodology for making a beginning in this direction. The divine sources of...
Persistent link: https://www.econbiz.de/10012935766
When looked at individually there is little reason to think that economists lack integrity and are dishonest. Yet, when we look at academic papers written by economists we can see biases. This paper tries to reconcile these two observations by arguing that the constraints the profession sets on...
Persistent link: https://www.econbiz.de/10003859711
This examination of the role and potential for replication in economics points out the paucity of both pure replication - checking on others' published papers using their data - and scientific replication - using data representing different populations in one's own work or in a Comment. Several...
Persistent link: https://www.econbiz.de/10012777028
This paper provides a systematic assessment of academic economics teaching, research and policy advice in Germany. It assembles recent empirical studies and contributes by presenting their main findings in a comprehensible manner as well as contextualizing them in the current economic and...
Persistent link: https://www.econbiz.de/10012208662