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Economics and Economic Methodology in a Core-Periphery Economic World

John Davis ()

No 2018-04, Working Papers and Research from Marquette University, Center for Global and Economic Studies and Department of Economics

Abstract: This paper uses a core-periphery distinction to characterize contemporary economics, economic methodology, and also today's world economy. First, it applies the distinction to the organization of contemporary economics through an examination of the problem of explaining economics' relations to and boundaries with other disciplines. Second, it argues that economics' core-periphery organization is replicated in a similar organization of the use and practice of contemporary economic methodology in economics. Third, it draws on the use of the core-periphery thinking in economics itself and the uneven development of the world economy to provide possible foundations for economics and economic methodology being organized in core-periphery terms. Fourth, the paper briefly discusses three as a potential countervailing forces operating on the development of contemporary economics that might work against its core-periphery organization.

Keywords: core-periphery; economics and other disciplines; economic methodology; underdevelopment (search for similar items in EconPapers)
JEL-codes: A12 B41 B50 O20 (search for similar items in EconPapers)
Date: 2018-09
New Economics Papers: this item is included in nep-hme, nep-hpe and nep-pke
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