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Change in and Changing Economics

Author

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  • Davis, John B.

    (Department of Economics Marquette University)

Abstract

Change in economics has likely always been a subject of discussion in economics and political economy. That discussion may have languished in the first post-World War II decades when neoclassicism was ascendent and dominated economics, but the emergence of game theory, more recently behavioral economics, and a variety of other new fields and approaches in economics since the 1980s has re-invigorated interest in the subject so that now there are many views on it. Yet systematic investigation of what change in economics involves has advanced little. Change is clearly always on-going in any discipline, but when it is said there is or is not ‘change in economics’ something more significant beyond this is usually intended. How, then, can this more significant sort of change be identified and explained? I begin by discussing the issue of method for analyzing change in economics.

Suggested Citation

  • Davis, John B., 2022. "Change in and Changing Economics," Working Papers and Research 2022-05, Marquette University, Center for Global and Economic Studies and Department of Economics.
    • Handle: RePEc:mrq:wpaper:2022-05
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    File URL: https://epublications.marquette.edu/econ_workingpapers/86
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    More about this item

    Keywords

    change; boundaries; interdisciplinary; core-periphery; research practices; world values survey; open-closed systems;
    All these keywords.

    JEL classification:

    • A12 - General Economics and Teaching - - General Economics - - - Relation of Economics to Other Disciplines
    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
    • B41 - Schools of Economic Thought and Methodology - - Economic Methodology - - - Economic Methodology
    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General

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