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Wicksteed, Robbins and the Emergence of Mainstream Economic Methodology

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  • S. A. Drakopoulos

Abstract

Phillip Wicksteed's ideas played an important role in the history of economic methodology, first, because his views represent the starting point of the deliberate attempt to expel hedonism from marginalist economic analysis, and secondly because his ideas influenced his prominent disciple Lionel Robbins. The current mainstream view of an allegedly value-free economic science can be traced to Robbins. The paper examines Wicksteed's conception of economic science and the role of hedonism. His views on the nature and the role of economic man, and his analysis of egoism and of altruistic behaviour are also discussed. The paper assesses Wicksteed's influence, via Robbins, on the formation of mainstream methodological views.

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  • S. A. Drakopoulos, 2011. "Wicksteed, Robbins and the Emergence of Mainstream Economic Methodology," Review of Political Economy, Taylor & Francis Journals, vol. 23(3), pages 461-470.
    • Handle: RePEc:taf:revpoe:v:23:y:2011:i:3:p:461-470
    DOI: 10.1080/09538259.2011.583837
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    1. Dow, Sheila, 2002. "Economic Methodology: An Inquiry," OUP Catalogue, Oxford University Press, number 9780198776123.
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    Cited by:

    1. Stavros A. Drakopoulos, 2024. "Value Judgements, Positivism and Utility Comparisons in Economics," Journal of Business Ethics, Springer, vol. 189(3), pages 423-437, January.
    2. Stavros, Drakopoulos, 2021. "The Relation of Neoclassical Economics to other Disciplines: The case of Physics and Psychology," MPRA Paper 106597, University Library of Munich, Germany.

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