Introduction
Guenther Chaloupek and
Hans A. Frambach
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Hans A. Frambach: Universität Wuppertal
A chapter in Samuel Pufendorf and the Emergence of Economics as a Social Science, 2021, pp 1-6 from Springer
Abstract:
Abstract The emergence of economics as a social science, which was substantially influenced by the emancipation of thinking about economic phenomena from medieval theology, is part of the emergence of a rationalist world view with its understanding of natural phenomena in terms of cause and effect, instead of purpose inherent in the substance of things. Central to the new world view is the concept of law as a force independent of human intention applicable to external physical nature and to human nature. In the spirit of the Baconian sentence scientia est potentia, knowledge of such laws brings with it the power to influence the course of events according to desired goals.
Keywords: Emergence of modern economic thought; Enlightenment; Natural law; Rationalism; Mercantilism (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:euhchp:978-3-030-49791-0_1
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DOI: 10.1007/978-3-030-49791-0_1
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