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“Econosophy”: Venturing a Transdisciplinary Approach to Philosophy and Economics

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  • Valentina Erasmo

    (Università di Torino)

Abstract

This paper proposes that the dialogue between economics and philosophy might give origin to a transdisciplinary approach (Bernstein 2015; Davis 2022) that I would call ‘econosophy’. This approach might produce a hybrid field characterized by high specialization in research that leads to nuanced disciplinary boundaries among the disciplines involved (Davis 2018). In this regard, this paper will consider the limitations and opportunities deriving from econosophy: about limitations, for instance, mainstream economics might potentially challenge the approach expressed here, for the issues that econosophy leaves open. About opportunities, an econosophical perspective offers a methodological base for enhancing the dialogue between philosophy and economics through a high level of specialization that might improve the scientific rigor and standing of these studies against the potential criticism of mainstream economics.

Suggested Citation

  • Valentina Erasmo, 2022. "“Econosophy”: Venturing a Transdisciplinary Approach to Philosophy and Economics," Annals of the Fondazione Luigi Einaudi. An Interdisciplinary Journal of Economics, History and Political Science, Fondazione Luigi Einaudi, Torino (Italy), vol. 56(2), pages 127-144, December.
    • Handle: RePEc:fle:journl:v:56:y:2022:i:2:p:127-144
    DOI: 10.26331/1189
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    References listed on IDEAS

    as
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    2. Davis, John B., 2006. "The turn in economics: neoclassical dominance to mainstream pluralism?," Journal of Institutional Economics, Cambridge University Press, vol. 2(1), pages 1-20, April.
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    5. Mario Cedrini & Magda Fontana, 2018. "Just another niche in the wall? How specialization is changing the face of mainstream economics [Multidisciplinarity, interdisciplinarity, transdisciplinarity, and the sciences]," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 42(2), pages 427-451.
    6. Nicolaides, Phedon, 1988. "Limits to the Expansion of Neoclassical Economics," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 12(3), pages 313-328, September.
    7. David Colander, 2014. "The Wrong Type of Pluralism: Toward a Transdisciplinary Social Science," Review of Political Economy, Taylor & Francis Journals, vol. 26(4), pages 516-525, October.
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    More about this item

    Keywords

    Disciplinary (Boundaries; Interaction; Relationships); Econosophy; Interfield Research; Transdisciplinarity.;
    All these keywords.

    JEL classification:

    • B40 - Schools of Economic Thought and Methodology - - Economic Methodology - - - General
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other

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