Conclusions: Economics—A Science on Stilts

Mario Pomini ()
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Mario Pomini: University of Padova

Chapter Chapter 8 in Luigi Amoroso, 2022, pp 169-177 from Palgrave Macmillan

Abstract: Abstract An analysis of Amoroso’s scientific trajectory shows that the formation of today’s economic science involved three aspects. In order of importance, the first aspect has to do with Amoroso’s contribution to the transformation of economics into a formal science. The second aspect involved the relationship between economics and natural sciences. Physics-based models were highly popular among the first generation of marginalist economists. Finally, the third aspect concerns the relationship between economics and ideology. Pareto abandoned economics for sociology, and something similar occurred in Amoroso, who searched for a deeper understanding of economic reality in the ethical foundation of economic reasoning.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pshchp:978-3-031-10339-1_8

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DOI: 10.1007/978-3-031-10339-1_8

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