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Change in and Changing Economics

John Davis

No 2022-05, Working Papers and Research from Marquette University, Center for Global and Economic Studies and Department of Economics

Abstract: Change in economics has likely always been a subject of discussion in economics and political economy. That discussion may have languished in the first post-World War II decades when neoclassicism was ascendent and dominated economics, but the emergence of game theory, more recently behavioral economics, and a variety of other new fields and approaches in economics since the 1980s has re-invigorated interest in the subject so that now there are many views on it. Yet systematic investigation of what change in economics involves has advanced little. Change is clearly always on-going in any discipline, but when it is said there is or is not ‘change in economics’ something more significant beyond this is usually intended. How, then, can this more significant sort of change be identified and explained? I begin by discussing the issue of method for analyzing change in economics.

Keywords: change; boundaries; interdisciplinary; core-periphery; research practices; world values survey; open-closed systems (search for similar items in EconPapers)
JEL-codes: A12 A13 A14 B20 B41 B50 (search for similar items in EconPapers)
Date: 2022-06
New Economics Papers: this item is included in nep-evo, nep-his, nep-hme, nep-hpe and nep-pke
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