The Binding Force of Economics

Colin Harris, Andrew Myers, Christienne Briol and Sam Carlen

A chapter in Contemporary Methods and Austrian Economics, 2022, vol. 26, pp 69-103 from Emerald Group Publishing Limited

Abstract: A discipline is bound by some combination of a shared subject matter, shared theory, and shared technique. Yet modern economics is seemingly without limit to its domain. As a discipline without a shared subject matter, what is the binding force of economics today? The authors combine topic modeling and text analysis to analyze different approaches to inquiry within the discipline of economics. The authors find that the importance of theory has declined as economics has increasingly become defined by its empirical techniques. The authors question whether this trajectory is stable in the long run as the binding force of the discipline.

Keywords: Price theory; topic modeling; text analysis; econometrics; top five journals; Austrian economics (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... 9-213420220000026006
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

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:eme:aaeczz:s1529-213420220000026006

DOI: 10.1108/S1529-213420220000026006

Access Statistics for this chapter

More chapters in Advances in Austrian Economics from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().