Exploring the Eclipse of Equality

Posts Tagged ‘Sociology’

In the Air: Economics and the Social Sciences

In Intellectual History on March 26, 2010 at 9:11 am

In response to a request by ICAR’s communications guru, Paul Snodgrass, I will say a few words about the David Brooks column today. He must have read Kristof yesterday as well, because he has a really fascinating column on the history of Economics that gets us thinking. I think that Brooks’ call for a great history of economics is wanting right now. Of course, there are many good examples out there. One that bears noting is Joseph Schumpeter’s  History of Economic Analysis. If you read this posthumously published book, you see that there is quite a bit of diversity concealed in Brooks’ first act. His history is a bit truncated. In fact, there are many sciences of economics out there (and I hear at least one colleague quietly condemning me for my last post for overemphasizing fresh water schools). We could spend time with the now forgotten methodenstreit in Germany, which produced Max Weber among other things. We could remember John R. Commons and his Wisconsin institutionalism that helped to give birth to the Social Security Act and much more. This is alive today mainly in Transaction cost economics, which I once quipped did not inherit the lion’s share of Commons estate. There is today Read the rest of this entry »