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"Economic imperialism": a view from the periphery

Author

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  • Ben Fine

    (Department of Economics, University of London, Russell Square, Thornhaugh Street, London WEIH OXG, UK; Tel.: +44-207-898-4527; fax: +44-207-898-4559)

Abstract

Edward P. Lazear, a leading neoclassical economist specializing in labor economics, has recently argued that economic imperialism is successfully colonizing other social sciences as a result of its own scientific status. His account, however, leaves several lacunae, including an explanation for the depth, variety, and timing of economic imperialism. These issues are addressed by emphasizing the importance of recent developments in micro-foundations in rendering economics more palatable to other social sciences that are themselves retreating from the extremes of influence of postmodernism and, like economics, neoliberalism. Further, once questioning the claims of economics as the only rigorous science, and recognizing the understandable antipathies to it by other disciplines, then the latter's interest in renewing contact with the economic is liable to see debate emerge over how to analyze the economy. In this, radical political economy and heterodox economics can play a part, even though they have been dismissed by mainstream economics itself.

Suggested Citation

  • Ben Fine, 2002. ""Economic imperialism": a view from the periphery," Review of Radical Political Economics, Union for Radical Political Economics, vol. 34(2), pages 187-201, June.
    • Handle: RePEc:sae:reorpe:v:34:y:2002:i:2:p:187-201
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    Citations

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    Cited by:

    1. Prévost, Benoît & Rivaud, Audrey, 2018. "The World Bank’s environmental strategies: Assessing the influence of a biased use of New Institutional Economics on legal issues," Ecosystem Services, Elsevier, vol. 29(PB), pages 370-380.
    2. Klaus Mohn, 2010. "Autism in Economics? A Second Opinion," Forum for Social Economics, Springer;The Association for Social Economics, vol. 39(2), pages 191-208, July.
    3. Ben Fine, 2019. "Post-Truth: An Alumni Economist’s Perspective," Working Papers 219, Department of Economics, SOAS University of London, UK.
    4. Yew-Kwang NG, 2016. "Extending Economic Analysis to Analyze Policy Issues More Broadly," Economic Growth Centre Working Paper Series 1609, Nanyang Technological University, School of Social Sciences, Economic Growth Centre.

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