EconPapers    
Economics at your fingertips  
 

The psychological underpinnings of economics: Economic psychology according to Gabriel Tarde

Karl-Erik Wärneryd

Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), 2008, vol. 37, issue 5, 1685-1702

Abstract: Economic psychology had its original focus on the rationality assumptions underlying economic theory. A much broader view of the psychological underpinnings of economics was presented in the voluminous La psychologie économique by Tarde (1902a). This work was neglected or rejected by economists. Basing his innovative thinking on his experience as a judge and avid reading of scientific and philosophic literature, Tarde developed a theory of society which he also applied to political economy. In his view, economic psychology should provide a foundation for all areas of political economy. He dealt with implications for such diverse economic issues as capital, money, labor (organization), invention and human imagination, diffusion of innovation, pricing, advertising and selling. Long before Schumpeter he emphasized the role of inventors and entrepreneurs for social and economic progress.

Keywords: Economic; beliefs; Invention; Imitation; Diffusion; of; innovation; Entrepreneurship; Money; Prices (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
http://www.sciencedirect.com/science/article/B6W5H ... d37c4d09df7d7737469a
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:soceco:v:37:y:2008:i:5:p:1685-1702

Access Statistics for this article

Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics) is currently edited by Pablo Brañas Garza

More articles in Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics) from Elsevier
Bibliographic data for series maintained by Catherine Liu ().

 
Page updated 2025-03-19
Handle: RePEc:eee:soceco:v:37:y:2008:i:5:p:1685-1702