Abstract
Is economics becoming irrelevant?
Other social sciences are beginning to invade the economists’ territory with alternatives and supplements..
Certainly, the discipline’s success in predicting the future has not been uniformly stellar. Still, there is much that the discipline has to offer. Perhaps future progress will come easier if the discipline can abandon its not-so-hidden value assumptions and disassociate itself from the well-funded “think tanks” that are so heavily committed to “old think.”
This will not be easy for instead of other social sciences impinging on the turf of economists, the reverse flow continues as ways of thinking like an economist persist to colonize the other social sciences.
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Mitchell, R.E. (2016). Is the Past a Reliable Prologue for the Future of Economics?. In: The Language of Economics. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-33981-8_8
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DOI: https://doi.org/10.1007/978-3-319-33981-8_8
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Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-33980-1
Online ISBN: 978-3-319-33981-8
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