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PPE morphs to PNE

The internecine arguments by economists in the daily papers show that a good part of economics is about

  • what is good; and
  • how to achieve it,

i.e. about philosophy and politics.? In British universities a major in Economics used to be part of PPE – the triple concentration in Politics, Philosophy and Economics. Puts economics with the traditional moral “sciences” of values.

The emerging paradigm in academic economics is PNE – Psychology, Neuroscience and Economics. Puts economics with the traditional value-free sciences.

But, if economics is about what’s good and how to get it, it can’t be value-free. Hence …

Published in blog Uncategorized