Notes of an Atheist on Economics and Religion

Jayati Ghosh

Econ Journal Watch, 2014, vol. 11, issue 2, 166-169

Abstract: Mainstream economics is constrained by methodological individualism, which ignores many aspects of human existence and interaction. Methodological individualism itself propagates certain attitudes and outlooks that can become self-fulfilling by channelling human behaviour into the simplistic straitjacket of self-interest. A sense of ethics and therefore of spirituality is necessary to understand the complexities of human and social behaviour as well as to ground economic policy advice in a fundamental morality.

Keywords: Neoclassical economics; ethics; value judgements; economic policy (search for similar items in EconPapers)
JEL-codes: A12 A13 L26 Z12 Z13 (search for similar items in EconPapers)
Date: 2014
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