Tuesday , November 5 2024
Home / Real-World Economics Review / More than economists

More than economists

Summary:
From Lars Syll Veblen, Keynes, and Hirschman were more than economists because they practiced their economics from a standpoint outside the profession, using it to criticize not only the assumption of rational self-interest, but also the consequences of economists’ indifference to “preferences.” Veblen’s standpoint was explicitly religious; he was still of a believing generation. Keynes, too, was an ethicist. G.E. Moore’s Principia Ethica remained what he called his “religion under the surface.” Hirschman wanted a “moral social science” that would be continually sensitive to the ethical content of its analysis … These three economists’ frequently mocking style was their way of establishing their distance from their profession. Their irony was not ornamental but actually shaped the

Topics:
Lars Pålsson Syll considers the following as important:

This could be interesting, too:

Merijn T. Knibbe writes ´Fryslan boppe´. An in-depth inspirational analysis of work rewarded with the 2024 Riksbank prize in economic sciences.

Peter Radford writes AJR, Nobel, and prompt engineering

Lars Pålsson Syll writes Central bank independence — a convenient illusion

Eric Kramer writes What if Trump wins?

from Lars Syll

Veblen, Keynes, and Hirschman were more than economists because they practiced their economics from a standpoint outside the profession, using it to criticize not only the assumption of rational self-interest, but also the consequences of economists’ indifference to “preferences.” Veblen’s standpoint was explicitly religious; he was still of a believing generation. Keynes, too, was an ethicist. G.E. Moore’s Principia Ethica remained what he called his “religion under the surface.” Hirschman wanted a “moral social science” that would be continually sensitive to the ethical content of its analysis …

More than economistsThese three economists’ frequently mocking style was their way of establishing their distance from their profession. Their irony was not ornamental but actually shaped the substance of their arguments. This style limited their impact on economics, but made them highly influential outside it, because critics of economics sensed something transgressive about them.

Systematic thinkers close a subject, leaving their followers with “normal” science to fill up the learned journals. Fertile ones open up their disciplines to critical scrutiny, for which they rarely get credit.

Robert Skidelsky

Lars Pålsson Syll
Professor at Malmö University. Primary research interest - the philosophy, history and methodology of economics.

Leave a Reply

Your email address will not be published. Required fields are marked *